Quotes of the Day

If you were in the same tax bracket for your whole life, the TFSA and RRSP would be essentially the same. Generally, use a TFSA if you're in a low tax bracket now but expect to earn more in the future. On the other hand, if you're a high-income earner, you'll get a significant benefit from the RRSP's tax deduction. Money withdrawn from TFSAs can be re-contributed the following calendar year with no penalty, whereas money withdrawn from an RRSP is not only taxable, the contribution room is lost forever. This means TFSAs are a great option if you're a young person saving for a medium-term goal, like a down payment on a home, while RRSPs should be earmarked for long-term retirement savings only. [2021] - Dan Bortolotti

One of the best studied bioactives in green tea is the polyphenol called EGCG (epigallocatechin-3-gallate). Green tea has sixteen times the level of EGCG compared to black tea. EGCG reduces harmful angiogenesis and cancer growth, lowers blood pressure, improves blood lipids, restores homeostasis of immune cells, and has antioxidant and anti-inflammatory properties. Green tea technically covers a wide range of beverages, from sencha to jasmine to oolong tea. Drinking two to three cups of green tea a day is associated with a 44% reduced risk of developing colon cancer. Chamomile tea is a popular herbal tea made with the dried petals of the chamomile flower. Chamomile contains bioactives like apigenin, caffeic acid, and chlorogenic acid that have antiangiogenic activity. [2019] - William W Li

Issues that are important to you need to be clarified before you buy your condo, for example, whether you can keep a pet, rent your condo, or operate a home business. Age restrictions may also be in place, since some communities do not allow children to reside there. [2006] - Douglas Gray

Many investment firms and insurance companies offer something known as target data funds, or TDFs for short. These funds start with a heavy weighting in equities and then slowly increase the weighting in bonds over a period of many years. For instance, a TDF based on retirement in 2055 might have an 85-15 asset mix today. As you get closer to 2055, that mix will slowly change to something like 50-50. The main disadvantage is that TDFs tend to be more expensive than if you try to manage the asset mix yourself using low-cost ETFs. The other disadvantage is that you might think the asset mix in a particular TDF is too conservative. [2021] - Frederick Vettese

When hiring is tight, you will want to concentrate on small firms, and newer small firms. [2013] - Richard N. Bolles