Quotes of the Day

According to the 4% Rule, if you have a $200,000 portfolio and were retiring today, you could safely withdraw (200,000 x 4% = ) $8,000 in year one. You could then increase that amount every year with inflation and there's a 90% probability that you won't outlive your money over a 25-year retirement. [2013] - Gail Vaz-Oxlade

Bullion dealers are scarce, and most bullion is bought online or over the phone and delivered through the mail. [2004] - James Turk

Separate your deposit account from your operating account. Only transfer enough into your operating account to cover that month's budgeted expenses. [2004] - Gary Keller

The more trades you use in your back-testing, the higher the probability that your trading strategy will succeed in the future. 50/100/200/300/500 number of trades have 14%/10%/7%/6%/4% of margin of error. You need at least 40 trades in order to produce statistically relevant results. [2008] - Markus Heitkoetter

When you evaluate the cost of a product or service, think in terms of total, long-term costs. People who sell particular products and services may initially appear to have your best interests at heart when they steer you towards something that isn't costly. However, you may be in for a rude awakening when you discover the ongoing service, maintenance, and other fees you face in the years ahead. Sometimes, paying a reasonable amount more upfront for a high-quality product or service ends up saving you money in the long run. [2019] - Eric Tyson