Quotes of the Day

A positive cash-flow property is a property where, at the end of the month, the rent you take in exceeds the expenses of operating and owning the property. These expenses can include utilities, maintenance, management and insurance, in addition to the more obvious mortgage and tax payments. [2009] - Don R. Campbell

A trader who likes to follow long-term trends might use the 200-day moving average as a trailing stop, a stop-loss line that follows the price line at a distance. They might have a rule that they will not sell as long as the price remains above the 200-day moving average. If the price dips down below the 200-day MA, then the trailing stop has been triggered. [2019] - Glen Goodman

Conventional lenders are not very fond of loaning on properties owned by an entity, such as an LLC or corporation, especially for residential loans. You could, as many investors do, buy the property in your personal name and then transfer it to your LLC, but you put yourself at risk of having the "due on sale" clause called by the bank. Be sure to talk to a lawyer and CAP who can help you sort these types of issues out, or speak with your bank and get permission, in writing, to transfer your properties to an LLC after buying them (this is the only way you'll be truly protected from that dreaded "due on sale" clause). [2015] - Brandon Turner

Five steps for practicing mindfulness throughout the day: 1. When possible, do just one thing at a time. 2. Pay full attention on what you are doing. 3. When the mind wanders from what you are doing, bring it back. 4. Repeat step number three several billion times. 5. Investigate your distractions. [2007] - Mark Williams

Wait until at least the second date to be alone in either of your homes. If you're seeking a serious relationship, getting a nightcap or venturing into bedroom behavior on a first date isn't advised, anyway. [2013] - Laurie Davis