Quotes of the Day

Mouth rinses and toothpastes contain various kinds of fluoride. I recommend only sodium fluoride, which has been studied for decades and is the most stable and safe. And it will not stain teeth, a problem that can occur with other kinds of fluoride, particularly stannous fluoride. [2025] - Ellie Phillips

Never pay more than one-half of 1% to make a trade for rebalancing purposes. If a trade of $8,000 will cost you $10, you are forking out only 0.125% to make the trade... so, by all means, make the trade. If, however, to get your portfolio in perfect balance, you were faced with making a $1,000 trade that would cost you $10 (1% of the amount you're trading), we don't think we'd opt to spend the $10. Another way to approach rebalancing is to seek to address any allocations that are off by more than 5 or 10%, and don't sweat anything that's off by less. If you are living off your savings, you may wan to rebalance every 6 months instead of 12. [2013] - Russell Wild

Short-term, or day, trading means that the trader generally does not hold positions overnight and trades a lower time frame chart such as a 15-minute or a 5-minute chart or a chart with an even lower time frame. We recommend using the 15-minute chart for timing and patterns, the 60-minute chart for direction and confirmation, and 5-minute or 3-minute charts to help time entries and exits. [2010] - Jay Norris

Life Insurance Tax Shelters (LITS) offer an option that will not only permit your money to grow Tax-Free, but if structured properly, will permit you to access the funds without tax ramifications. Each insurance company has their own name for their unique plan, but the plans basically operate like this. You participate in an insurance plan that also permits you to deposit money into it. The amount deposited can be very flexible and may change as you desire over the years, however, you will always be required to participate in the insurance coverage. Our recommendation is that you subscribe to the lowest "decreasing term" possible. You want your actual insurance premiums to be the lowest necessary to keep the plan active, because you want to take the extra money and deposit it within the plan as an investment. [2008] - Dwayne Daku

The most effective way to work is to focus or concentrate on one task at a time. [2009] - Liz Miller