Quotes of the Day

Apartment houses and commercial properties offer greater opportunities, but these tend to come with higher risks, more problems, and require greater knowledge. The cost of buying an apartment building as a multiplier of the total rents is much less than for single-family residences. If you have your expenses under control and factored into your purchase price, they could show a better cash flow. You acquire tenants much faster. And it's easier to raise the rent in apartments. [2004] - Mike Summey

Reflux treatment with acid-suppressive medications alone (e.g. PPIs, "purple pills") is not useful as a diagnostic test. If a chronic cougher does not respond to antireflux medication, it does not prove anything. Reflux may still be the cause of the cough. [2014] - Jamie Koufman

Gold has no counterparty risk. It's inherently valuable, and if you won it, that value is yours. It's immune from government depreciation, corporate misbehavior, wartime disruptions, or whatever. A few other investments have this immunity as well: real estate, for example. But even among these assets, only gold is portable, private, liquid, and eagerly accepted all over the world. [2009] - James DiGeorgia

I like to buy on breakouts because it gives the crypto that extra oomf at the start of the trade and therefore makes it less likely that I will quickly hit my stop-loss. But this is not a key consideration. You could buy at any random point in the early stages of a trend and still make good money as long as you learn to sit patiently during an upward trend and then sell at the end in a disciplined way. [2019] - Glen Goodman

A successful business starts not with just a great idea or product. Rather, it starts with the desire to provide a solution to another's problem. [2000] - Jay Abramham