Quotes of the Day

If you want to day trade stocks, then you need at least $25,000 in your trading account. If you want to day trade futures, then you should have between $5,000 and $10,000 in your trading account. When trading options, you should have between $1,000 and $5,000 in your trading account. If you’re thinking about trading forex, then you can start with as little as $500 in your trading account. [2008] - Markus Heitkoetter

Women, by and large, are much more perceptive than men. Anyone talking to a woman while simultaneously worrying about what she thinks of him is going to fail. Anyone caught thinking about getting into a woman's pants before she starts thinking about what's in his pants is going to fail. [2005] - Neil Strauss

Five elements of the Win/Win agreement: 1. Desired results (not methods): identify what is to be done and when. 2. Guidelines: specify the parameters (principles, policies, etc.) within which results are to be accomplished. 3. Resources: identify the human, financial, technical, or organizational support available to help accomplish the results. 4. Accountability: sets up the standards of performance and the time of evaluation. 5. Consequences: specify--good and bad, natural and logical--what does and will happen as result of the evaluation. [2004] - Stephen R. Covey

Personal expenses of any kind are not allowable business expenses. Fines or penalties imposed after March 22, 2004, by any level of government (including foreign governments) will not be tax deductible. Also not allowable is the cost of a golf membership or certain advertising in foreign media. Restricted expenses include the costs of meals and entertainment (50% deductible) and the costs of attending conventions (only two per year). Home workspace expenses are another example, restricted to net income from the business. [2020] - Evelyn Jacks

The way you invite someone out is as important as the nature of the outing itself. The more fun, exciting, and unique you can make your invitation sound, the greater the chance of the invitee accepting it. [2004] - Nicholas Boothman