Quotes of the Day

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

Most socially responsible investment (SRI) indexed mutual funds and ETFs charge slightly higher fees than their traditional indexed counterparts. But their returns don’t suffer. Some studies say they beat traditional indexes. Other studies show they slightly lag. Much depends on the time periods measured. Canadians can buy socially responsible all-in-one portfolio ETFs: iShares ESG Conservative Balanced (GCNS, 40% in stocks, 60% in bonds), iShares ESG Balanced (GBAL, 60% in stocks, 40% in bonds), iShares ESG Growth (GGRO, 80% in stocks, 20% in bonds), iShares ESG Equity (GEQT, 100% in stocks, 0% in bonds). [2022] - Andrew Hallam

Ideas can be transmuted into cash through the power of definite purpose, plus definite plans. [1937] - Napoleon Hill

You must always eat fruit on an empty stomach. An excellent habit to develop is to eat no food other than fruit after 9:00 P.M. The best kind of fruit is fresh fruit or freshly squeezed fruit juice. You don't want to drink juice right out of a can or glass container. [1989] - Anthony Robbins

Employment is often a lagging indicator regardless of whether a market is headed into an economic downturn or upswing. Heading into the downturn, companies tend to hold on to their staff as long as possible and are reluctant to add staff on the upswing until confidence has been fully restored. [2011] - Don R. Campbell