Quotes of the Day

If your employer offers a group savings program, you should probably take full advantage, especially if the employer matches at least part of your contribution. Defined benefit pension plans are rare in the private sector these days, but many companies offer defined contribution plans and group RRSPs. Many workplace plans even offer index funds as options. these are rarely as cheap as ETFs, but if your employer is matching part of your own contributions, it will more than offset any additional fees, and the automatic payroll deductions will enforce those regular savings. [2021] - Dan Bortolotti

Depth of Corrective Waves: Corrections, especially when they themselves are fourth waves, tend to register their maximum retracement within the span of travel of the previous fourth wave of one lesser degree, most commonly near the level of its terminus. On occasion, flat corrections or triangles, particularly those following extensions, will barely fail to reach into the fourth wave area. Zigzags, on occasion, will cut deeply and move down into the area of the second wave of lesser degree, although this almost exclusively occurs when the zigzags are themselves second waves. "Double bottoms" are sometimes formed in this manner. [2001] - Robert Prechter

Investing in a longer-term bond or GIC may produce a better ultimate result if interest rates remain at current low levels; whereas, if rates rise, a series of shorter-term bonds or GICs may ultimately prove more rewarding. GICs are typically issued with maturities of one to five years while bonds usually come with original terms of three to thirty years. [2018] - Larry Bates

Many traders use MACD as their sole confirming oscillator. Some traders also take trading signals exclusively from MACD. [2009] - James Chen

Even a relatively low amount of animal protein in the diet could raise a hormone called insulin-like growth factor 1 (IGF-1). Because IGF-1 signaling plays a key role in tumor growth, reducing IGF-1 levels by dietary methods is now considered by most scientists studying this subject to be effective cancer-prevention measure. When we strive to consume most of our protein from plants, we solve the IGF-1 issue and help prevent both cancer and diabetes. [2013] - Joel Fuhrman