Quotes of the Day

In Western cultures, men wearing chocolate colored suites turn women off. [2004] - Allan Pease

If a customer won't give you information, it is risky for you to give pricing. Avoid negotiating until you understand the customer's needs and you have shown your value. [2003] - Linda Richardson

The Elliott sequence consists of a basic rhythm of "fives" corrected by "threes." This sequence remains constant no matter what degree of wave is being analyzed. This wave rhythm is observable as long as there is a minimum amount of trading volume. As a rule of thumb, we use a minimum average of 20 ticks per time period, although the Elliott sequence can often be seen in a shorter period market with much less volume--for example, the one-minute chart. [1995] - Bill Williams

The general path to FIRE is to save 50 to 70 percent of your income, invest those savings in low-fee stock index funds, and retire in roughly ten years. Common FIRE practices include living with roommates or moving to a cheaper area, cooking all meals at home, buying used cars with cash, going to a one- or zero-car household, buying groceries in bulk, embracing budget or "hacked" travel, and giving up luxury purchases. More extreme FIRE practitioners might live out of an RV or trailer home, grow their own food, bike to work in subzero temperatures, or even leave the country in search of a lower-cost lifestyle. [2019] - Scott Rieckens

U.S. Treasuries are especially attractive in times of turmoil, as they are considered among the safest investments in the world. Another reason for the strength of the greenback was the sudden loss of confidence in many of the currencies of developing nations. These currencies tend to outperform during good economic times and underperform during bad times. [2010] - Ed Ponsi