Quotes of the Day

Use an internal site search engine to determine what keywords people use to find or search your site. You may be surprised. Watch for search terms you hadn't considered when you originally built the site. [2004] - Dan Gooder Richard

Currently, the most effective method for improving your sleep is called cognitive behavioral therapy for insomnia, or CBT-I: (1) establish a regular bedtime and wake-up time, even on weekends, (2) go to bed only when sleepy and avoid sleeping on the couch early/mid-evenings, (3) never lie awake in bed for a significant time period; rather, get out of bed and do something quiet and relaxing until the urge to sleep returns, (4) avoid daytime napping if you are having difficulty sleeping at night, (5) reduce anxiety-provoking thoughts and worries by learning to mentally decelerate before bed, and (6) remove visible clock-faces from view in the bedroom, preventing clock-watching anxiety at night. [2017] - Matthew Walker

The approximate maximum you can borrow when buying a home: mortgage rate = 3% -> 5 times your annual income; 4% -> 4.6; 5% -> 4.2; 6% -> 3.8; 7% -> 3.5; 8% -> 3.2; 9% -> 2.9; 10% -> 2.7; 11% -> 2.5 [2019] - Eric Tyson

Writing offers is the difference between successful investors and excuse-laden pretenders. If the offer is rejected outright, then you know you haven't found the motivated vendor you're looking for; remember, dealing only with motivated vendors is absolutely critical. By receiving an outright rejection, you have just saved yourself substantial time, energy and money because there is no use putting any further effort into this property until the vendor is motivated. You may return in a few months when the vendor's motivation level has increased, but today is not the day for a deal, so move on to the next one. [2009] - Don R. Campbell

Long-term trading in currencies can involve holding positions for weeks, months, and potentially years at a time. Holding positions for that long necessarily involves being exposed to significant short-term volatility that can quickly overwhelm margin trading accounts. Individual margin traders can seek to capture longer-term trends. The key is to hold a small enough position relative to your margin balance that you can withstand volatility of as much as 5 percent or more. [2007] - Mark Galant