Quotes of the Day

Invest in those regions that for years have exceeded the national average. People are perversely obsessed with investing in their own town or city or area, when sometimes it would make much more sense to invest elsewhere. The population growth in Auckland is twice the national average. In Australia, there is a lot of internal migration to the sunshine state of Queensland. In the United States, the population of California is predicted to double in the next thirty years. San Francisco and Marin Country have regularly had growth rates in capital values higher than the rest of the state.Similarly, in Queensland, the southeastern corner encompassing the Gold Coast, Brisbane, and the Sunshine Coast has regularly outperformed the rest of the state by a factor of two. [2001] - Dolf de Roos

What if, as a result of coming into a chunk of cash from an inheritance, home downsizing, sale of a business, a retirement package, or some other windfall, you have a large amount to invest in stocks? You may risk buying high at the top of the market. As an alternative to making single, large stock market actions, consider immediately investing only a portion of the amount you have earmarked for stocks, say one-quarter or one-third of the total, and commit to a short-term Clockwork Investing program for the balance, placing equal portions in the stock market at pre-determined dates over the next several months or couple of years. This technique, known as 'dollar cost averaging,' makes for a smoother ride when placing large amounts in the stock market. [2018] - Larry Bates

Rent must cover at least these items: mortgage payments, taxes, insurance, interest payments, estimated vacancy loss (at least 5 percent if you have more than one rental property), utilities provided by landlord, collection expenses, legal & accounting fees and advertising [2017] - Bryan M. Chavis

A higher low in a downtrend followed by a higher high confirms a trend change or reversal. [1932] - Robert Rhea

Expected returns should be viewed with a time horizon of at least 20 years. If your target rate of return is 5% or 6%, then a portfolio of 60% stocks probably isn't going to cut it. If you're comfortable with a more aggressive approach, that's fine, but remember that most people over-estimate their risk tolerance. If possible, you should consider increasing your savings rate or giving yourself more time. [2021] - Dan Bortolotti