Quotes of the Day

The average self-made millionaire spends 20 to 30 hours per month thinking, studying, and planning finances. [2004] - Brian Tracy

Many investors have had the experience of being turned down by a banker at one branch, only to get a mortgage at another branch of the same bank. The relationship you create with a person counts for a lot more than most of us realize. Choose a banker who's very experienced in residential real estate investing. [2009] - Don R. Campbell

My take on the news is this: Don’t try to trade it, but watch how the market reacts to it for trend indications. Remember the initial price impact of news is often dramatic, but it may take several hours to be fully absorbed. It is not uncommon for prices to react sharply in one direction initially, then gradually trend in the opposite direction for much of the trading session. This phenomenon is called Price Trace Dispersement(PTD). [2008] - Michael Duane Archer

Those with a high financial IQ have wills, trusts, and other legal means of protecting their wealth and final wishes from death predators. [2008] - Robert T. Kiyosaki

When investing in real estate, there is a very good chance that someday, someone will try to sue you. When you own a property free and clear, this is typically evident on the public record, because there is no bank lien on the property. Therefore, you are essentially holding up a sign that says, "I have lots of money that you can try to take!!" Lawyers (especially those paid on the outcome of a lawsuit, as most lawyers of this type are) are reluctant to pursue rental owners who have a lot of leverage. [2015] - Brandon Turner