Quotes of the Day

Tactical Asset Allocation: If, all things being equal, you determine that you should have a portfolio of 60% stocks, and if the adjusted P/E falls to the low teens, consider adding 2-3% points to your stock allocation, and that's all. If the market P/E falls to 10, then maybe, provided you can stomach the volatility, consider adding yet another percentage point or two, or even three, to your "neutral" allocation. If the adjusted P/E rises to 30 or so, you may want to lighten up on stocks by a few points. Please, keep to these parameters. Tilting more than a few percentage points - particularly on the up side (more stocks than before) - increases your risks beyond the value of any potential gain. [2013] - Russell Wild

You should always eat an early dinner. I recommend 6:00 p.m., assuming that you will go to bed after 11:00 p.m. [2015] - Jamie Koufman

The most efficient breathing rhythm occurs when both the length of respirations and total breaths per minute are locked in to a spooky symmetry: 5.5-second inhales followed by 5.5-second exhales, which works out almost exactly to 5.5 breaths a minute. The optimum amount of air we should take in at rest per minute is 5.5 liters. You can practice this perfect breathing for a few minutes, or a few hours. There is no such thing as having too much peak efficiency in your body. [2020] - James Nestor

With rental properties, you win when inflation runs rampant; and you win as it declines. Your interest costs (at today's rates) should total less than 7 percent, but the rental income from your property should yield (after expenses) 8 to 11 percent. [2003] - Gary W. Eldred

If you want to sound really professional, yet warm, change the subject line from "Out of the office" to "I am away until April 1." [2009] - Leil Lowndes