Quotes of the Day

The best way to begin to meet new people is through the people you already know--your friends, family, and colleagues. Ask an acquaintance out for coffee or entertain friends at home. Join a community club or a volunteer organization. Invite friends to a sporting event, park, museum, book club, concert, or festival and suggest they bring friends too. Two simple rules for meeting people: Entertain once a week without fail, and accept all invitations. [2004] - Nicholas Boothman

Regardless of how long the window of opportunity is open, if you are not prepared with education and experience, or extra cash, the opportunity, if it is good, will pass. [2000] - Robert T. Kiyosaki

Contact the lawyer referral service in your community. Under this service, sponsored by the provincial law society or a provincial division of the Canadian Bar Association, you can consult with a lawyer for about half an hour for either a nominal fee (usually $10-$25) or no fee at all. Make sure you emphasize that you want a lawyer who specializes in real estate--ideally, condominium real estate. If you did not obtain the referral through the lawyer referral service, ask the lawyer over the phone what a half-hour initial consultation would cost. In many cases, it is free as a marketing goodwill gesture. [2006] - Douglas Gray

Over an investment lifetime, it's a virtual certainty that a portfolio of index funds will beat a portfolio of actively managed mutual funds, after all expenses. But over a one-, three-, or even a five-year period, there's always a chance that a person's actively managed funds will outperform the indexes. [2017] - Andrew Hallam

Because of the ability to print more money, it is considerably easier for a central bank to weaken its own currency than it is to strengthen it. While it is still possible to lose money on an intervention trade, the odds are on the side of the trader who pays close attention and takes the side of the central bank—-especially if that central bank is actively weakening its currency. [2010] - Ed Ponsi