Quotes of the Day

Dividend income could be a disadvantage if you're trying to keep your net income figure low. For example, $10,000 of eligible dividend income would have a gross-up of 38% of $3,800 and result in $13,800 being used in calculating total and net income. That increased income could serve to erode things like the age amount and OAS benefits or even to move the recipient into a higher tax bracket.  [2019] - Daryl Diamond

With every MSTF set you do, move against the resistance slowly, smoothly, and with control. Take a minimum of 4 seconds to go from the bottom of the movement to the top, and vice versa. You can take as much as 30 seconds in either direction, but not less than 4. [2021] - Philip Shepherd

With property you can generally tell when a market is low. Advertisements tend to state things like: "any offer considered," "Vendor financing available," "Come and make a deal," "Settlement terms to suit the buyer." [2001] - Dolf de Roos

The advantage of a living trust is that upon your death, assets can pass directly to your beneficiaries without going through probate. Living trusts are likely to be of greatest value to people who meet one or more of the following criteria (the more that apply, the more value trusts have): 1) Age 60 or older; 2) Single; 3) Assets worth more than $1 million that must pass through probate (including real estate, nonregistered retirement plans and accounts, and small businesses). You can use a software package (e.g. Complete Canadian Wills Kit) to establish a legal and valid living trust. [2019] - Eric Tyson

Elliott used the word "failure" to describe a situation in which the fifth wave does not move beyond the end of the third. We prefer the less connotative term, "truncation," or "truncated fifth." A truncation can usually be verified by noting that the presumed fifth wave contains the necessary five subwaves. Truncation often occurs following an extensively strong third wave. [2001] - Robert Prechter