Quotes of the Day

Most rental properties have expenses of at least 35% of the rental revenue. This can include property taxes, house insurance, property management, maintenance, materials, water/sewage/garbage, etc. If you are doing a rent-to-own, your expenses are lower because the tenants are responsible for more of the expenses. About 20% is more accurate for a rent to own. You'll still pay for house insurance and taxes, but you probably won't have a property manager. You'll have less maintenance, and your tenant will typically pay for water/sewage/garbage. [2013] - Julie Broad

The highest probability trade will be to pair a strong currency with a weak currency. [2006] - Boris Schlossberg

Job-hopping works best when the economy is strong and there are plenty of job vacancies employers need to fill. That isn’t to say you can’t hop your way to better pay in an economic downturn. But, generally speaking, you’re likely to have less negotiating power in a job market with high unemployment and few openings. Software developers and staff accountants who’d never quit turned out to earn 10 percent less than the job-hoppers in their field. But operations managers and administrative assistants who had stayed put were earning around 20 percent more than new hires. For nurses, there wasn’t much of a difference between job switchers and job stayers. [2021] - Erica Alini

Many studies have confirmed what your mother told you: We need to sleep about 7.5 to 8.5 hours a night. Getting significantly less sleep than this, or significantly more, will almost inevitably cause problems in the long run. Even a single night of bad sleep has been found to have deleterious effects on our physical and cognitive performance. Sleep is essential to performance in dangerous tasks, such as driving. [2023] - Peter Attia

Caregiving is one of the most profound stresses a person can experience. Its tasks are emotionally and physically demanding. Health researchers have identified caregivers (e.g. mothers taking care of their chronically ill children) as one of the most chronically stressed groups of people. [2017] - Elizabeth Blackburn