Quotes of the Day

The most obvious sign of oversupply can be detected by looking at the overall numbers of rental units in any given condominium complex. More than 30 percent of the units rented out or put up for sale is a fair warning to buyers of an oversupply of units. Conversely, if real estate agents are flooded with listings and many For Sale signs appear on front lawns, there is oversupply. It's a buyers' market. [2013] - Dan S. Barnabic

Follow up on leads promptly. Your goal is to call the prospect or client the same day you receive the inquiry. When they write or call you their interest is at its highest level. [2000] - Jay Abramham

One large-scale survey found that the more interactive devices subjects used during the hour before bedtime, the more difficulties they had falling asleep and staying asleep-whereas passive devices such as TV, electronic music players, and best of all, books were less likely to be associated with poor asleep. Turn off the computer and put away your phone at least an hour before bedtime. [2023] - Peter Attia

If your trading strategy calls for a risk of no more than 100 pips on each trade, currency pairs with wide ranges like the GBP/JPY and the EUR/CAD should be avoided. The CHF/JPY, for example, is a great currency pair for a range-trading strategy and a horrible one for a trend-trading strategy. Major currency pairs such as the EUR/USD or the USD/JPY tend to be very sensitive to what is happening in the U.S. dollar. [2009] - Kathy Lien

A deferred sales charge (DSC) is a rather large commission that a mutual fund salesperson receives upfront. If you change your mind and try to move to another fund family within a certain period (about six years), you are charged a hefty redemption penalty. On $500,000 of investments, the fee could be $20,000 or more. [2020] - Frederick Vettese