Quotes of the Day

A dinner date works best when you know the two of you have a lot in common and a lot to talk about. If you hardly know each other at all, a dinner date isn't the best option because it requires a lot of conversation before you've gotten to know each other. [2014] - Pepper Schwartz

Buying Standard Example: 1. Multifamily property. 2. Cash flows of $200 per unit, per month after all expenses have been paid. 3. Property must be purchasable for a discount (at 80% of what it's normally worth). 4. Property's value must be capable of being improved by 10% during the first year through "forced appreciation" (such as a paint job and landscaping). 5. Property must appreciate at 3% per year after year one. [2015] - Brandon Turner

The rare coin market tends to move in cycles of four or five years under normal market conditions, that is often the time needed to show a healthy profit. Successful rare coin investors buy the best coins they can afford at reasonable prices and lock them away for years. [2008] - Shayne McGuire

There is a wonderful universe of whole grains out there. You may have tried quinoa, but what about kaniwa or fonio? Even wild rice (which is not actually even rice) may not sound as wild as the grain called freekeh. Have fun and try some amaranth, millet, sorghum, or teff or expand the amber waves of your horizon. If you have a choice, pick red quinoa over white quinoa, blue corn over yellow, and yellow corn over white. Pigmented rice--red, purple, or black--has benefits over brown. Whole-wheat pasta cooks in about 10 minutes. My favorite brand is Bionaturae because of its deliciously nutty taste. [2015] - Michael Greger

Come up with a rough number of how much you're going to need to take from your nest egg each year. Whatever the number, multiply by 10. That amount, ideally, is what we'd like to see you have in your bond portfolio, at a minimum, on the day you retire. In other words, if you think you'll need to pull $30,000 a year from your portfolio, we'd like to see you have at least $30,000 in cash and about $300,000 in bonds. That's regardless of how much you have in stocks - and you should have at least an equal amount in stocks. Most people (who aren't rich) should have roughly one year's income in cash and the rest in a 50/50 (stock/bond) portfolio on retirement day. [2013] - Russell Wild