Quotes of the Day

Used unconsciously and automatically, "but" can be one of the most destructive words in our language. Simply substitute the word "and" instead. [1989] - Anthony Robbins

Options and futures markets, which are popular with day traders, are zero-sum markets. So who wins and loses in a zero-sum market? Some days, it all depends on luck, but over the long run, the winners are the people who are the most disciplined. They have a trading plan, set limits and stick to them, and can trade based on the data on the screen - not based on emotions like hope, fear, and greed. The stock market is not a zero-sum game. As long as the economy grows, company profits will grow, and that will lead to growing share prices. There really are more winners than losers over the long run. [2011] - Bryan Borzykowski

If two properties are comparable in size and location, yet one property (on a dollar per sq. ft. basis) is much more expensive or much cheaper, it's your job to figure out why. The cheaper property may be in a slightly worse location. Or it could be on a noisier street, or near a garbage dump, or in a position where it gets less sun, etc. These are some of the things you'll need to determine to figure out value and possible rent rates. [2013] - Julie Broad

Take courses, volunteer, join a committee, go to exhibitions, walk someone's dog, learn to cook, take tango lessons, visit art galleries, go to pet shows, take up roller-skating, attend weddings and christenings, funerals, and other events. Get a fun part-time job, give dinner parties, start a book club, attend night school, ride a horse, take sewing lessons, study Chinese, learn spot welding. Choose a class where you participate rather than sit back and listen to a lecturer--something like cooking, wine tasting, or learning a foreign language. [2004] - Nicholas Boothman

Stops that are too tight are a surefire method of losing money. The more volatile the market is, the farther away a stop must be for it to be effective. Never place it at or within a whole number, trendline, moving average, high or low of the day or week, or any significant support or resistance level showing on either the time frame you are looking at or a higher one. It is best to place a stop outside these levels—-and not just outside of them but with some breathing space as well. [2003] - Marcel Link