Quotes of the Day

Low-protein (9 percent), very high-fat (90 percent) keto diets are therapeutic in certain circumstances, such as for the treatment of epilepsy in children; and very low-carb, low-energy diets can help reverse the symptoms of type 2 diabetes; but neither is sustainable nor desirable for most of us as a regular diet. Even somewhat less extreme low-carb, high-fat diets have low compliance—most of us soon drift back to a more balanced mixture of macronutrients. The longest-lived, healthiest populations on the planet are those who consume a lower-protein, high-carb whole-food diet. [2020] - David Raubenheimer

Residual income is income from a business, such as a network marketing business or a franchise business you own but someone else runs. [2002] - Robert T. Kiyosaki

A living trust places your portfolio in the hands of an independent manager, usually a trust company, with family members as co-trustees. The trust receives your investment portfolio and the trustees manage it such that you receive a stable income for life, similar to an annuity. The remaining capital is distributed to family members on your death. The provision of the trust agreement should provide instructions for the financing of your care should you require long-term medical attention. The main requirement for trustees is that they be competent, independent parties who will manage your affairs in your best interest. [2020] - Douglas Gray

Means Contribution - an arrangement in which you and your date contribute to expenses according to your means. For example, you can say, "I know you love the ballet. What if I contribute the tickets and dinner and you pay for the parking?" Or, "Tell you what, what if I take us out this weekend and you make dinner at your place the weekend after?" [2014] - Pepper Schwartz

Two of the motive waves in a five-wave sequence will tend toward equality in time and magnitude. This is generally true of the two non-extended waves when one wave is an extension, and it is especially true if the third wave is the extension. If perfect equality is lacking, a .618 multiple is the next likely relationship. When waves are larger than Intermediate degree, the price relationships usually must be stated in percentage terms. When the waves are of Intermediate degree or less, the price equality can usually be stated in arithmetic terms, since the percentage lengths will also be nearly equivalent. [2001] - Robert Prechter