Quotes of the Day

Many mortgage lending credit-risk departments want you to have no less than $50,000 in investable assets outside of real estate for every property you own. They do this for two reasons: 1) they want to see investment diversification so you do't get into financial trouble; and 2) they want you to have the backup liquidity to endure a surprise maintenance cost or short-term tenant strife. [2017] - Calum Ross

The lowest risk/no risk customer could receive the prime rate of interest (lowest) from a loan. Higher-risk businesses (a borrower who has few assets, has only recently become employed or is self-employed, or has a spotty credit record) could be paying prime +1% to prime +8%, if they can get any funds at all. [2006] - Douglas Gray

A REIT must distribute 90% of its profit to shareholders. Therefore, REITs are literally passing their rents to shareholders after keeping a small portion for management and maintenance fees (including interest!). The REIT yield has been outperforming bonds while underperforming stocks. In other words, REIT represents a higher risk than bonds but a lower risk than stocks. Equity REITs can be active in several markets: Apartments; Commercial centers; Healthcare centers; Office complexes. [2012] - Mike Heroux

Many financial gurus would caution you not to pay off your home early —— because of lower historical returns and tax deductibility. But several people we interviewed went against that conventional wisdom, not because it was the best way to accumulate great wealth, but because it gave them the daily satisfaction and comfort of not being in debt. When a wealth-accumulation strategy creates daily stress, it's not worth the potential return. If a major purchase such as a home or a car creates a burden of debt that makes you uncomfortable, it's likely to do more damage than good for your overall wellbeing. [2010] - Tom Rath

To maximize the immune-function benefits of cruciferous vegetables (arugula, bok choy, broccoli, broccoli rabe, broccolini, brussels sprouts, cabbage, cauliflower, collards, horseradish, kale, kohlrabi, mustard greens, radishes, red cabbage, turnip greens and watercress), do the following: 1) Chew all cruciferous greens very, very well, trying to crush every cell. 2) Puree, blend, or chop cruciferous vegetables before adding them to stews or soups. 3) When steaming green cruciferous vegetables such as broccoli and cabbage, try to undercook slightly so they are not too mushy. [2011] - Joel Fuhrman