Quotes of the Day

Top-quality marketing requires good-looking graphics. Traditional graphics designers can be quite expensive, so I recommend either finding a friend who is handy with graphics software or using an online vendor. [2006] - Scott Fox

A qualified investor (stock traders and analysts) recognizes that the current p/e is not as important as the future p/e. [2000] - Robert T. Kiyosaki

During the detox phase, we prohibit onions, garlic, tomatoes, and peppers (both the vegetables and the seasonings) because all of those are common triggers. In truth, each individual item is a trigger for less than half of people. During transition, our patients add them back in, but one at a time. Of the four items, onions are the most common trigger food. Interestingly, cooked onions are generally better than raw onions. If garlic is a reflux trigger food, it is usually the "meat" of the garlic. Garlic powder and garlic salt are less likely to trigger reflux than the garlic clove itself. Fresh tomato is probably a trigger food for fewer than one-third of people. Cracked black pepper is a fairly common reflux trigger food. Green peppers appear to be more of a problem than red or yellow ones. [2015] - Jamie Koufman

The correct method for tracking the stock market is to use semilogarithmic chart paper, since the market's history is sensibly related only on a percentage basis. The investor is concerned with percentage gain or loss, not the number of points traveled in a market average. Arithmetic scale is quite acceptable for tracking hourly waves. Channeling techniques work acceptably well on arithmetic scale with shorter term moves. [2001] - Robert Prechter

According to the FIRE formula, once you have saved twenty-five times your annual expenses, you are ready to retire. Let's say you spend $50,000 a year. That means you need to save and invest $1.25 million to retire. You can safely expect a 5 percent return on your investments, which for $1.25 million would be $62,500 a year. However, each year, if you only withdraw 4 percent of the income your investments earn (or $50,000), this means you always have a buffer to make up for inflation and dips in the market. [2019] - Scott Rieckens