Quotes of the Day

Lagging indicators often cannot help you anticipate the coming of a trend before it starts. It merely identifies that a trend has started, and tells you that this trend is valid enough for you to ride on it for a while and then get out quickly for a profit. [2008] - Yeo Keong Hee

Traders will find a higher success rate by buying on retracements in an uptrend or selling on rallies in a downtrend. [2009] - Kathy Lien

In addressing personal performance, if there is a problem you are first seeking her agreement that an actual problem exists. Next, ask how she sees the problem and then honestly share your perspective. Depending on the situation, you may need to discuss the consequences for her if there is no change in the situation. A big part of the process is discussing alternate solutions. "How are we going to solve this problem?" Keep an open mind, but the point of the discussion is to arrive at mutually agreeable course of action. This needs to be specific and should spell out expectations, responsibilities, and time lines. Again, write it down. [2004] - Gary Keller

Corporate class (capital class) funds are a series of different mutual funds, each representing a class of shares of a larger corporation. Each corporate class is a separate investment fund, but all classes fall under the umbrella of the holding corporation. The structure was really designed for non-registered investments and has been in existence since 1987. If you have non-registered investments, and your objectives are deferral and to to limit the amount of income coming from them, you may be better served to have them in this structure. [2019] - Daryl Diamond

The customer is always right. Customers are incredibly selfish. They want the very most for the very least. To please the demanding customer of today and tomorrow, you must develop the habit of continually improving what you sell, the habit of moving quickly on opportunities or problems and of doing things quickly to satisfy your customers, and the habit of flexibility. [2004] - Brian Tracy