Quotes of the Day

In any selling environment, there are two basic philosophies, or approaches. The first involves low volume and high profit-margin. The second is the opposite--high volume, low profit-margin. Sellers on eBay have to have better prices than what's out there. To create a successful business with a low profit-margin, it is necessary to sell more product than if you were able to charge retail price. Historically, on eBay, this high-volume-low-margin philosophy tends to be the more successful. If you can purchase your product for below the average eBay selling price, you have margin and you're in business. If not, try to find something else. I recommend a product that will yield a profit margin, is available in large enough quantity, and is "UPS-able". [2005] - Adam Ginsberg

Carbs help maintain blood glucose during exercise and restore muscle glycogen during rest and recovery from exercise. The recommended daily intake is a minimum of 130 grams, or 45-65% of daily calories for adults, independent of age or activity level. This is the minimum needed for your brain to function. It's recommended that athletes consume 6-10 grams of carbs for every kilogram of body weight per day. The majority should be in the form of less-refined, less-processed foods with a low glycemic (blood sugar) load. If you're on a low-calorie diet (fewer than 2,000 calories per day), it may be difficult to achieve the recommended 6 grams of carbs per kilogram of weight each day. [2015] - Vonda Wright

BRRRR stands for Buy, Rehab, Rent, Refinance and Repeat. It's the strategy that involves buying fixer-upper rental properties, repairing them, renting them out to great tenants, refinancing them to get your money back, and then repeating the process. This can be a powerful strategy because it allows you to acquire numerous properties without running our of capital to invest. [2015] - Brandon Turner

Spread betting is a lovely thing because you can trade all kinds of financial instruments with no tax on your profits at all! Unfortunately, at the time of writing, most of the spread betting platforms only offer a few different cryptos to trade, which is why I spend most of my time on unregulated exchanges instead. However, most of my trading in Bitcoin has been on spread betting platforms, I’ve made a lot of money out of it and don’t have to pay a penny of tax. [2019] - Glen Goodman

Buying futures isn't much different from blowing $10,000 at the craps tables in Vegas. Futures prices depend on short-term, highly volatile price movements. As with gambling, you occasionally win when the market moves the right way at the right time. But in the long run, you're gonna lose. In fact, you can lose it all. Options are as risky as futures. With options, you're betting on the short-term movements of a specific security. The only real use that you may (if ever) have for these derivatives is to hedge (e.g. using put options allows you to postpone selling your stock without exposing yourself to the risk of a falling stock price). [2019] - Eric Tyson