Quotes of the Day

Reducing your amortization and paying off your mortgage quicker is an amazing way to eliminate interest which not many people practice. Without mortgage payments, you see more disposable income you can use towards purchasing your next investment, or whatever you want really. [2021] - Shazia Virani

It's true, there have been many periods of 5 and even 10 years when stocks underperformed bonds, but most of us remain confident that equities will deliver a premium over the long term. Most people lose patience when their strategy underperforms for a year or two. Then they jump to another one that has enjoyed some recent success, probably just before the music stops. [2021] - Dan Bortolotti

Occasionally a lender may require mortgages be insured. For example, if the property is older or is smaller than is normally required by the policy of the lender, or if it is located in a rural or a run-down area, then the mortgage may be required to be insured with the Canada Mortgage and Housing Corporation (CMHC) or Genworth Financial Canada. CMHC is a federal Crown corporation, whereas Genworth is a private corporation. [2006] - Douglas Gray

The rich get richer because they are known as friends and family of people who have access to investments that are priced at wholesale level. To become a selling shareholder, you often need to be the founder or a friend or family member of the founder. [2002] - Robert T. Kiyosaki

Your landlord can only evict you for certain reasons set out in law, and must give you written notice. Landlords should use a form from the Residential Tenancy Branch. [2015] - Kris Anderson