Quotes of the Day

A reserve mortgage is a way to borrow against the equity in your home without having to pay it back, at least not in your lifetime. The institutional lender would give you a lump sum, or better still, a series of payments over a period like 10 or 15 years. The interest they charge for a reserve mortgage is a little higher than the interest you would normally pay on a first mortgage or a home equity loan. If you ever decide to move, you would have to repay the loan immediately. For that reason, you probably shouldn't think about getting a reveres mortgage until you're 75 or so. If you were 75 and needed income, a reverse mortgage is recommended. [2021] - Frederick Vettese

Being close to water - for example, sitting quietly by a river - has a wonderfully soothing effect on the mind. [2009] - Liz Miller

85 percent of your happiness will be determined by the quality of your relationships. [2004] - Brian Tracy

a short-term (over the next few hours) trading range may be 20 to 50 pips wide, while a longer-term (over the next few days to weeks) range can be 200 to 400 pips wide. Medium-term traders are normally looking to capture larger relative price movements — say, 50 to 100 pips or more.  [2007] - Mark Galant

Almost 90 percent of all commodity traders and those who day trade equities lose money. As a trader trades, the first few years will be filled with countless mistakes. To trade successfully one needs to consistently make trades that offer low risk compared to the reward. [2003] - Marcel Link