Quotes of the Day

Borrowing to invest in stable, positive-cash-flowing real estate or even high-quality blue-chip dividend-paying stocks, when well executed, is the lowest risk measure you can take to dramatically improve your retirement standard of living and prospects. Dividend-producing stocks and other investment returns are nowhere near as carved-in-stone as real estate's are. You have a high degree of control over a private real estate investment, whereas you have no control over a stock investment. [2017] - Calum Ross

Once the conditions are in place for a reversal and following the lower time frame momentum reversal, trail the buy-stop or sell-stop to enter the trade one tick above the high or below the low of the last completed bar. Place the initial protective stop one tick beyond the swing high or low made prior to entry. The entry will not always be executed on the next bar. It may take several bars before the trailing one-bar-high or low is taken out and the trade executed. [2009] - Robert C. Miner

Chasing a breakout is not a great idea. For every successful breakout, there’s a false breakout. Staying solvent means protecting yourself from false breakouts. The best way to do that is to buy at the breakout point and set a stop-loss to make sure if the price falls much below the breakout point, you get out with no more than a small loss. A good rule of thumb many professional traders use is to only buy within 5% of the breakout point. If the price has risen further than that by the time I’m at my trading screen, then I usually disregard the breakout and wait for the next opportunity. [2019] - Glen Goodman

Unfurnished apartments tend to attract better-quality tenants who are likely to stay longer while furnished apartments are easy to rent but tend to attract more transient tenants. [2004] - Mike Summey

Thoroughly check the yearly financial report of the complex and the status certificate of the condo unit you with to purchase. They should contain: facts relating to financial and management stability of the complex; the most recent audited financial statements; a record of assessment; any pending or anticipated legal actions; anticipated common element repairs; the anticipated common loans; anticipated increases to reserve funds; anticipated structural or mechanical repairs; and municipal work orders. [2013] - Dan S. Barnabic