Quotes of the Day

Time Distancing: Think about the immediate future, and you will have a bigger emotional response than if you take a longer-term view. Next time you are in the grip of a stressful event, ask yourself, In 10 years, will this event still have an impact on me? In studies, people asked to pose this question to themselves had more challenge thoughts. Recognizing the impermanence of an event helps you get over it faster. [2017] - Elizabeth Blackburn

To help boost cellular and DNA repair and maintenance, fast overnight and limit snacking between main meals. There are health benefits from simply restricting the number of hours in the day when we eat (called “intermittent fasting” or “time-restricted feeding”). These benefits arise because a period of several hours without food turns off the damage-producing growth pathways and activates the cellular and DNA repair and maintenance processes that support health and longevity. Sleep well. Sleep is the third pillar of health and wellness, along with diet and exercise. Get active—outdoors if possible—and sociable. Physical activity and social interactions are clearly related to improved health and longevity. [2020] - David Raubenheimer

Never pay more than one-half of 1% to make a trade for rebalancing purposes. If a trade of $8,000 will cost you $10, you are forking out only 0.125% to make the trade... so, by all means, make the trade. If, however, to get your portfolio in perfect balance, you were faced with making a $1,000 trade that would cost you $10 (1% of the amount you're trading), we don't think we'd opt to spend the $10. Another way to approach rebalancing is to seek to address any allocations that are off by more than 5 or 10%, and don't sweat anything that's off by less. If you are living off your savings, you may wan to rebalance every 6 months instead of 12. [2013] - Russell Wild

For rentals, any upgrades need to be durable and timely so that this can last from one tenant to the next. Painting and changing floors and light fixtures is an easy way to spruce up a property quickly and without spending too much money. [2021] - Shazia Virani

The word leverage simply means the ability to do more with less. [2002] - Robert T. Kiyosaki