Quotes of the Day

The worst opening lines concern a woman's physical appearance. A woman wants to think you are more interested in her personality, her mind. [2006] - Leil Lowndes

Many buyers will ask if a seller is wiling to list the item as a gift of low monetary value on the customs declaration form. Some sellers are happy to comply, because they feel it increases their chances of making a sale. There is a risk in agreeing to this. You can only insure an item for the amount you declare it to be. [2005] - Adam Ginsberg

For a given shift in interest rates or financial strength, changes in the market value of long-term bonds will be much greater than price changes of short-term bonds. For example, a 1% increase in interest rates would cause the market price of a 3-year $10,000 bond to decline by around 3% or $300; whereas a $10,000 30-year bond would likely drop in price by around 20% or $2,000. (Note that bond market price changes don't much matter if you hold a bond to maturity.) [2018] - Larry Bates

Spread your assets among several nations, in several forms. Own physical gold and put it beyond the government’s reach. Buy the shares of mining stocks with reserves in relatively safe parts of the world. Convert some cash into digital gold, stored in a non-U.S. vault. Open Canadian, Swiss, German, or Japanese bank and brokerage accounts.  [2004] - James Turk

As currency traders, you definitely need to keep an eye on the yields of the benchmark government bonds of the major-currency countries to better monitor the expectations of the interest rate market. [2007] - Mark Galant