Quotes of the Day

Perhaps the greatest benefit of robo-advisors is that they automate almost everything. You can set up a regular monthly contribution and your cash is immediately invested, typically with no trading commissions. When the ETFs pay dividends, these are reinvested automatically as well. And if your portfolio drifts away from its target, the portfolio is automatically rebalanced. The cost of using a robo-advisor obviously varies among firms, but it's typically about 0.50%, and you can qualify for lower fees if your portfolio is large. That cost doesn't include the management fees on the ETFs themselves. One of the best features of robo-advisors is their extremely low minimums: you can often invest with as little as $1,000. [2021] - Dan Bortolotti

If your wall-to-wall carpet is more than a year old, cleaning may not be enough. You can carpet a 2,000 square foot home with nylon carpeting that will look great for $3,000 or less. [2003] - Robert Irwin

When you take the last 20-plus years and graph both the housing market percentage increase and the underlying Bank of Canada rate, you can see that interest rates play quite a minor role. Investors who buy and hold real estate will benefit from interest rate increases because more people will stick with renting rather than buying, thus pushing vacancy rates down and rents up. [2013] - Don R. Campbell

The Law of the Excluded Alternative: Doing one thing means not doing something else. [2004] - Brian Tracy

This concept of sleep pressure, our need or desire for sleep, is key to many of our sleep tactics. One of the primary techniques that doctors use to treat patients with insomnia is actually sleep restriction, limiting the hours when they're "allowed" to sleep to six, or less. This basically makes them tired enough that they fall asleep more easily at the end of the day, and (hopefully) their normal sleep cycle is restored. Another way to help cultivate sleep pressure is via exercise, particularly sustained endurance exercise (e.g., zone 2), ideally not within 2 or 3 hours of bedtime. Even better is exercise that entails some exposure to sunlight (i.e., outdoors). [2023] - Peter Attia