Quotes of the Day

A trader who likes to follow long-term trends might use the 200-day moving average as a trailing stop, a stop-loss line that follows the price line at a distance. They might have a rule that they will not sell as long as the price remains above the 200-day moving average. If the price dips down below the 200-day MA, then the trailing stop has been triggered. [2019] - Glen Goodman

When the term of your mortgage ends, you have the option to renegotiate or seek refinancing. Refinancing is a good move if interest rates have decreased. It also makes sense if you've experienced a significant improvements in our gross debt-to-service ratio. On the other hand, refinancing may not be such a wise move if changes in the value of your property and your personal financial situation conspire to limit your ability to borrow. Speak with your mortgage broker and, if you wish, your accountant and financial planner before you refinance. [2020] - Douglas Gray

I would suggest holding 8 to 15 percent of your financial assets in gold and I would not think it insane to hold as much as 50 percent. [2008] - Shayne McGuire

Some mortgage documents state very clearly that the whole premises cannot be rented out. This is fairly common with CMHC residential mortgages, as they are generally granted for the benefit of the owner/occupier and not for investment or rental purposes. [2006] - Douglas Gray

Always delay discussion of pricing until the end of the presentation, when the prospect clearly wants to enjoy the benefits that your product or service offers. [2004] - Brian Tracy