Quotes of the Day

I invest heavily in oil, gold, and silver companies. [2008] - Robert T. Kiyosaki

Often you can put together a new career just using what you already know and what you already can do--with just a bit of training or retraining. [2013] - Richard N. Bolles

The single most important skill for success is the ability to sell. Every other skill can be hired away from someone else. Selling is the only field in our society where you can start with little skill or training, come from any background, and be making a great living in a matter of three to twelve months. [2004] - Brian Tracy

The AUD, CAD, NZD, and CHF all have solid correlations with gold prices. The AUD/USD, NZD/USD, and USD/CHF currency pairs tend to mirror gold’s movements the closest. The Swiss franc is one of the few major currencies that still adheres to the gold standard. A full 25 percent of Switzerland’s bank issue notes are backed in gold reserves. One interesting incentive to go long the AUD/USD instead of gold is the unique ability of expressing the same view but also being able to earn positive carry. [2009] - Kathy Lien

If falling rates are too tough to resist, but you want something less risky than a variable rate, consider a fixed open mortgage. Your rate is guaranteed, but if rates fall to an even more attractive level, you can lock in at that point without any penalty. It's usually not worth paying the premium that lenders charge for open mortgages (usually a percent or so), though, and you have other options. [2019] - Eric Tyson