Quotes of the Day

Renting seems to be more advantageous for people who do not plan to stay in the same premises for more than four to five years, and buying is more advantageous for those who decide to stay for a longer period. [2013] - Dan S. Barnabic

"Slumlord properties" tend to be located where surrounding conditions make it difficult, if not impossible, to attract higher rents and better-quality tenants. It may be in a neighborhood where surrounding properties have deteriorated; or road, railroad, or industrial noise is a problem; or in a high crime area. These factors make the property undesirable regardless of condition. Our advice: If you don't feel comfortable walking in the neighborhood and talking to the people who live there, don't invest. Avoid properties with undesirable surroundings. Instead, buy undesirable properties with superior surroundings. [2004] - Mike Summey

Steer clear of preferred shares and mortgage investments. [2018] - Larry Bates

The deposit should be made out to your lawyer's trust account whenever possible or, failing that, to your realtor's trust account. I like to provide the deposit in two steps. I provide an initial deposit with the offer, to show that I'm serious, and then the rest of the deposit upon the removal of any of my conditions in the contract (for instance, following an inspection and approval for financing). [2009] - Don R. Campbell

One of the strongest momentum indicators is a perfect order in moving averages. A perfect order is when the moving averages line up perfectly; that is, for an uptrend, the 10-day SMA is greater than the 20-day SMA, which is greater than the 50-day SMA. The 100-day SMA and the 200-day SMA are below the shorter-term moving averages. In a downtrend, a perfect order would be when the shorter-term moving averages stack up below the longer-term moving averages. [2009] - Kathy Lien