Quotes of the Day

I firmly believe that interest rates will stay low for the foreseeable future, but I don't do my long-term financial projections based on those low numbers. I calculate a worst-case scenario, where interest rates rise dramatically (using a 3 percent stress test). Only if my investments will still cover the cost of borrowing, after accounting for a sharp rise in rates, will I make an investment with borrowed funds. Remember that it's actually the after-tax cost of borrowing that matters. Consider this: if you're in the 50 percent tax bracket, even a rise of interest rates to 6 percent would be equivalent to an after-tax cost of borrowing of 3 percent because you can deduct half of your interest expense in taxes. [2017] - Calum Ross

The first thing you need to know about protein is that the standard recommendations for daily consumption are a joke. Right now the US recommended dietary allowance (RDA) for protein is 0.8g/kg of body weight. This may reflect how much protein we need to stay alive, but it's a far cry from what we need to thrive. More than one study has found that elderly people consuming that RDA of protein (0.8g/kg/day) end up losing muscle mass, even in as short a period as 2 weeks. In my patients I typically set 1.6g/kg/day as the minimum, which is twice the RDA. The ideal amount can vary from person to person, but the data suggest that for active people with normal kidney function, one gram per pound of body weight per day (or 2.2g/kg/day) is a good place to start-nearly triple the minimal recommendation. [2023] - Peter Attia

Almost all of the high returns are found in the small microcap stocks with market capitalizations below $25 million. The down side is that these stocks are too small for mutual funds to invest in and hard to find for the average investor. [2000] - Robert T. Kiyosaki

Try the new specialty yogurts such as Activia and DanActive, which guarantee they contain the number of organisms listed on the label (the well-researched B. animalis and L. casei). Eat your yogurt with some prebiotic fiber for maximum benefits. Prebiotics are soluble dietary fibers that stimulate the growth of good bacteria. Look for FOS, XOS, GOS, or inulin among the ingredients. Aged cheeses like cheddar and blue are also rich in good bacteria--usually 3 to 10 million, depending on the length of aging. [2009] - Frances Sheridan Goulart

Keep your earned income secure by purchasing a security you hope converts your earned income into passive income or portfolio income. [2000] - Robert T. Kiyosaki