Quotes of the Day

As a salesperson, you can learn how to describe your products' features (knowledge), you can even learn how to ask the right open-ended questions to elicit each prospect's needs (a skill), but you'll never learn how to push that prospect to commit at exactly the right moment and in exactly the right way. These are talents. [2005] - Marcus Buckingham

Although you can close out your RRSP earlier than the year in which you celebrate your 71st birthday, the best strategy for most people is to leave your RRSP intact for as long as you're allowed. This is almost always the case if you decide to turn it into an RRIF. If you choose to go the annuity route, collapsing your plan a year or two early can make sense. If interest rates are relatively high, closing your plan out early may make sense if it allows you to lock in a higher-than-average return. [2019] - Eric Tyson

The key is understanding why terms play a larger role than price when buying investment real estate. In reality, you can let the sellers set the price if they will let you set the terms of payment, or vice versa. [2004] - Mike Summey

Small speculators are not the contrarian indicator of the COT report; in fact, they are not really a useful predictor of market direction one way or the other. The noncommercial traders are the contrarian indicators of the COT report. They tend to be wrong more often than the small speculators. [2010] - Ed Ponsi

The critical difference between success and failure was contained in the habit of taking the initiative. Managers and executives who were on the fast track were constantly moving out of their comfort zone and taking the initiative to try new things in new areas. [2004] - Brian Tracy