Quotes of the Day

Zone Distances: 1. The Intimate Zone: between 6 and 18 inches (15-45 centimeters). 2. The Personal Zone: between 18 inches and 48 inches (46cm-1.22m). 3. The Social Zone: between 4 and 12 feet (1.22-3.6m). 4. The Public Zone: over 12 feet (3.6m). [2004] - Allan Pease

Crowdfunding is a new twist on the syndicate. Crowdfunding takes place via a public platform online and investors plunk down $500 or $1,000 for a stake in the next big development. It's a way for small investors to gain exposure to real estate. The platforms typically serve as intermediaries that connect investors with opportunities or developers with capital. Because the platforms themselves aren't selling securities, they're largely unregulated. It pays to research the terms of each site thoroughly and endure your interests are protected. [2020] - Douglas Gray

If you're fortunate enough to have a seven-figure portfolio, there will be no shortage of salespeople ready to flatter you by offering access to exclusive opportunities available only to "accredited investors." These include hedge funds, private equity, peer-to-peer lending, real estate partnerships and on and on. It's possible that some of these opportunities will go on to deliver outsized returns without undue risk, but you'll likely have to accept high expense, illiquidity and a lack of transparency. You're not sacrificing anything by taking a pass and just sticking to index ETFs. And you're not missing out on anything except disappointment. [2021] - Dan Bortolotti

By the time a condominium complex is 40 years old, it will have gone through several partial or complete retrofits, likely in stages. [2013] - Dan S. Barnabic

Spread your assets among several nations, in several forms. Own physical gold and put it beyond the government’s reach. Buy the shares of mining stocks with reserves in relatively safe parts of the world. Convert some cash into digital gold, stored in a non-U.S. vault. Open Canadian, Swiss, German, or Japanese bank and brokerage accounts.  [2004] - James Turk