Quotes of the Day

When she asks you what you do for a living, whatever your answer, respond with enthusiasm. Then, don't forget to ask her about her life and her work! [2006] - Leil Lowndes

When investing, buy high quality rare coins. Coins graded below MS-60 like gold St. Gaudens and Morgan Silver Dollars with scratches and other defects are so common that they trade near the value of their metallic content. [2008] - Shayne McGuire

The original 4% rule (from the 1990s) assumed a 30-year retirement and a balanced portfolio of half stocks and half bonds. The 4% withdrawal rate was based on the portfolio's starting value, and it increased with inflation annually. For example, if you retired with $1 million and inflation was 2% annually, you would be withdrawing $40,000 in year one, $40,800 in year two, $41,616 in year three and so on. Using these assumptions, your chances of ruining out of money before you die were found to be very low. Unfortunately, the expected return on bonds-and probably stocks too-is much lower today than it was when the original research was done. [2021] - Dan Bortolotti

If you are totally new to the markets, you may expect a learning curve of one to a few months. Our goal is 10 percent per month ROI. That is more than 300 percent per year. [2004] - Bill Williams

Cutting losses, cutting losses, and cutting losses are the three keys to successful trading. [2003] - Marcel Link