Quotes of the Day

With property you can generally tell when a market is low. Advertisements tend to state things like: "any offer considered," "Vendor financing available," "Come and make a deal," "Settlement terms to suit the buyer." [2001] - Dolf de Roos

Trends and patterns are usually much more reliable on longer-term charts like daily and higher. [2009] - James Chen

Don't pay too much attention to real estate brokers' forecasts - or, for that matter, to banks' analyses of the markets - because these prophecies are mostly profit-driven. Instead, pay close attention to official government findings regarding the stability of interest rates for the immediate future and beyond, the surplus of unsold real estate, and the state of the overall economy. Reports of these findings are published in newspapers, broadcast on TV, and posted on the Internet. [2013] - Dan S. Barnabic

In addressing personal performance, if there is a problem you are first seeking her agreement that an actual problem exists. Next, ask how she sees the problem and then honestly share your perspective. Depending on the situation, you may need to discuss the consequences for her if there is no change in the situation. A big part of the process is discussing alternate solutions. "How are we going to solve this problem?" Keep an open mind, but the point of the discussion is to arrive at mutually agreeable course of action. This needs to be specific and should spell out expectations, responsibilities, and time lines. Again, write it down. [2004] - Gary Keller

There are studies that indicate holding a 10-25% position in bonds with 75-90% stocks will actually very slightly outperform a position holding 100% stocks. Adding much beyond 25% bonds begins to hurt results. A portfolio comprised of 100% stocks--even in the broadly diversified VTSAX--is considered very aggressive. High short-term risk rewarded with top long-term results. Perfect for those who can handle the ride, are adding new money to their investments and who take the long view. [2016] - J L Collins