Quotes of the Day

If you buy packaged grain products, anything labeled on the front with words like "multigrain," "stone-ground," "100% wheat," "cracked wheat," "seven-grain," or "bran" is usually NOT a whole-grain product. Even if the first word in the ingredients list is "whole," the rest of the ingredients could be junk. I suggest using the Five-to-One Rule. Look at the Nutrition Facts label on the package and see if the ratio of grams of carbohydrates to grams of dietary fiber is five or less. For example, Ezekiel bread has 15 grams of carbohydrates and 3 grams of fiber and passes the test. [2015] - Michael Greger

Even though first-time homebuyers can withdraw RRSP funds to finance an initial home purchase, every buyer can lend themselves money from their RRSP and pay themselves interest. A self-directed mortgage has to be set up through a licensed lender and be competitive with the posted rates. It also will be registered on title. In addition, the mortgage must be insured in order to comply with the requirements for RRSP. The money you're paying as interest doesn't count as a contribution to RRSP, so you can charge yourself an above average interest to max out your requirement savings.  [2020] - Douglas Gray

A fundamental way to increase your negotiation power is by improving your walk-away alternative. [1991] - Roger Fisher

When interest rates rise, bond prices fall. When interest rates fall, bond prices rise. In either case, if you hold a bond to the end of its term you will, barring default, get exactly what you paid for. Generally speaking, short-term bonds pay less interest as they are seen as having less risk since your money is tied up for a shorter period of time. Accordingly, long-term bonds are seen as having higher risk and pay more. [2016] - J L Collins

Dow Theory covered trends extensively, breaking them down into three categories. The first is the primary trend, which lasts from a few months to many years and represents the dominant market direction. The secondary trend is a price movement that can last from a few weeks to a few months and is defined as a corrective stage for a market. Daily fluctuations, or the short-term trend, last from a few hours to a few days--rarely longer than a week--and represent very short-term reactions and corrections that often are brought about by fundamental developments or scheduled news releases. [1932] - Robert Rhea