Quotes of the Day

Projecting that you're prepared to walk away is the number one pressure point to use when negotiating with sellers. Before going into a negotiation, develop some options. Time pressure, information power, and walk-away power are three powerful pressure points that when used properly will get you better deals in any negotiation. [2004] - Mike Summey

For most portfolios, a reasonable split of foreign stock holdings would be something like the neighbourhood of 40/40/20, with 40% going to Europe (England, France, Germany, Switzerland); 40% to the developed Pacific region (mostly Japan, with a smattering of Australia, New Zealand and Singapore); and 20% to the emerging market nations (Brazil, Russia, Turkey, South Africa, Mexico, and a host of countries where the entire value of all outstanding stock may be less than that of any S&P 500 company). [2013] - Russell Wild

A weak currency is important to Japan because the Japanese economy is almost entirely driven by exports. [2010] - Ed Ponsi

A positive cash-flow property is a property where, at the end of the month, the rent you take in exceeds the expenses of operating and owning the property. These expenses can include utilities, maintenance, management and insurance, in addition to the more obvious mortgage and tax payments. [2009] - Don R. Campbell

If using a trend-following system, it’s easy to move a stop along. Every time it broke higher and then made a higher low, one could have raised the stop to the previous low until the trade was stopped out. [2003] - Marcel Link