Quotes of the Day

There's no doubt that people with financial difficulties make flexible sellers. Failed business ventures, loss of employment, protracted illnesses, accidents, and downturns in the economy are just some of the mishaps that can lead to financial problems. Ask them whether they would consider lowering the price if you let them continue to live there and rent from you. [2004] - Mike Summey

The 20x Rule: You need at least 20 times (or better yet, 25 times) whatever amount you expect to withdraw each year from your portfolio, assuming you want that portfolio to have a good chance of surviving at least 20-25 years. That is, if you need $30,000 a year - in addition to Canada Pension Plan and Old Age Security payments and any other income - to live on, you should ideally have $600,000 in your portfolio when you retire, assuming you retire in your mid-60s. The rationale behind the 20x Rule is this: It allows you to withdraw 5% from your portfolio the first year, and then adjust that amount upward each year to keep up with inflation. [2013] - Russell Wild

Top selections for seafood with antiangiogenic omega-3s - HIGHEST LEVEL (3–30 grams/100 gram of seafood): Hake, sea cucumber, manila clam, big eye tuna, yellowtail, sea bass, bluefin tuna, cockles, bottarga (roe of the gray mullet), caviar (sturgeon), fish roe (salmon). HIGH LEVEL (>0.5–2.44 grams/100 gram): salmon, red mullet, halibut, Pacific oysters, gray mullet, sardines, arctic char, bluefish, sea bream, Mediterranean sea bass, spiny lobster, anchovies, pompano, redfish, black bass, swordfish, John Dory, eastern oysters, squid, rainbow trout. MEDIUM LEVEL (>0.2–0.5 grams/100 gram): crab, mussels, striped mullet, octopus, scallops, cuttlefish, shrimp and prawns, whiting, dried cod (bacalao), striped bass, sole, Atlantic lobster. LOW LEVEL (<0.2 grams/100 gram): cod, grouper, brown shrimp, periwinkle, whelk, abalone, skate. Tilapia has a high unhealthy ratio of omega-6 to omega-3 PUFAs, making it a less desirable fish from a health perspective. [2019] - William W Li

Keep your desk clean. You should only have one thing on your desk at a time. People who work from a clean desk are two or three times as productive as those who work from a cluttered desk. When you work from a clean desk, you can focus and concentrate on one thing at a time. [2004] - Brian Tracy

If you are looking to grow your net worth exponentially, consider keeping your job or finding another way to make income. Your business should bring in at least 3X of your current job before thinking of quitting your job. 1X for tax, 1X to survive, and 1X for reinvestment and unexpected events. [2015] - Brandon Turner