Quotes of the Day

Modern Portfolio Theory says that the volatility/risk of a portfolio may differ dramatically from the volatility/risk of the portfolio's components. In other words, you can have two assets with both high standard deviations and high potential returns, but when combined they give you a portfolio with modest standard deviation but the same high potential return. The key to whipping up such pleasant combinations is to find two or more holdings that do not move in synch: One tends to go up while the other goes down (although both holding, in the long run, will see an upward trajectory). The lower the correlation, the better. [2013] - Russell Wild

"Meeting the 2% rule (the 2% test)" means that a property's monthly rental income must equal 2% of the purchase price or greater. The value 2% could easily be replaced with another number to test that as well. For example, many people look for "the 1% rule (test)." You might hear people talk about the .5% rule (test), the 1.5% rule (test), the 3% rule (test). In my local real estate market, I know that if I can find a property that gets close to 2%, it's probably going to cash flow well. Yours might be different. Maybe you'll discover that 1% is plenty to get you enough cash flow to create a solid return on investment. [2015] - Brandon Turner

Eating one to two apples per day was found to be associated with risk reduction of bladder cancer by 10 percent, colon cancer by 20 percent, and lung cancer by 18 percent. Of the 7,500 varieties of apples grown around the world, roughly one hundred are available in markets. Except for their taste and texture—firm, crispy, sweet, tart, bland—it’s hard to know how they differ from a health perspective. Research is now providing the answer. Of the varietals with the highest levels of defense boosting polyphenols, the top three are: Granny Smith, Red Delicious, and the Reinette (Little Queen). [2019] - William W Li

In 2017, the US Food and Drug Administration approved a glucose sensor, first launched in Europe in 2014, that you stick on your skin to provide a constant readout of blood sugar levels on your phone or watch. In thirty countries, a finger prick for diabetics is becoming a distant memory. A continual blood glucose-sensing device indicates grapes give your body a major sugar spike. Avoid grapes. [2019] - David A. Sinclair

An IOI is an indicator of interest. If she asks you what your name is, that's an IOI. If she asks you if you're single, that's an IOI. If you take her hands and squeeze them, and she squeezes back, that's an IOI. [2005] - Neil Strauss