Quotes of the Day

The law says that your landlord has to post the name and phone number of an emergency contact person some place in your building where you can easily see it. [2015] - Kris Anderson

No more than 5% of your portfolio should be allocated to precious metals. The iShares Silver Trust (SLV) operates much the same as the iShares Gold Trust (IAU). One simple approach to previous-metals investing is worth considering: the ETFS Physical Precious Metals Basket Shares (GLTR). In one fund, you get a basket of four precious metals - gold, silver, platinum, and palladium - each in proportion to its economic footprint. Shares are backed up by the physical metals held in vaults. The fund's cost is 0.60% a year. [2013] - Russell Wild

If you'd like to pay down your mortgage sooner rather than later, prepayment privileges are a must. Banks are pretty flexible with payment privileges. Most let you prepay, each year, between 10% and 20% of your original mortgage balance as a lump sum. This is only one prepayment option. Others include increasing your payment and doubling your payment. [2017] - Sean Cooper

Every successful trader has a trade record-keeping system to track and record trades with comments, and most unsuccessful traders do not. [2009] - Robert C. Miner

The key to most successful businesses is that they do their chosen activity better than their competition. A "competitive advantage" is a unique connection, resource, idea, timing, or other factor that means you can produce or deliver your product or service faster or cheaper or better or more profitably than the other guys. If you have an area of expertise, connections, or even just enthusiasm, it may yield a competitive advantage for you. [2006] - Scott Fox