Quotes of the Day

If you will need to sell part of your gold in less than a few months, it's probably a better idea to keep that portion of your money in cash. [2008] - Shayne McGuire

Over an investment lifetime, it's a virtual certainty that a portfolio of index funds will beat a portfolio of actively managed mutual funds, after all expenses. But over a one-, three-, or even a five-year period, there's always a chance that a person's actively managed funds will outperform the indexes. [2017] - Andrew Hallam

The combination of school smarts and street smarts will help you build a successful business. But "team smarts" is the true formula of success. [2005] - Robert T. Kiyosaki

Beacon Score: Credit scores range from 400 to 850; The average consumer has a score of 700; First-rate bankers want a score of at least 640; Second-level bankers want a minimum score of 600 or higher. The number of inquiries on your file can negatively impact your score. Unsophisticated investors who shop loans to many institutions, or apply for a bunch of credit cards as a way to invest in real estate, will have lower scores. [2009] - Don R. Campbell

The journalist Annette Schaefer referenced several commuting-related studies in her article in Scientific American. She says people with longer commutes are less happy. They spend far less time with their families and on their hobbies. Commuting also affects their health. Remember, time is the only nonrenewable resource we have. That’s why we should treasure it. If we choose to work at a job we hate because it pays a lot of money, we’re trading something precious for something that won’t necessarily improve our lives. If we want to maximize our health and happiness, that’s worth remembering. [2022] - Andrew Hallam