Quotes of the Day

Most high-level negotiations make use of effective anchoring processes. [1989] - Anthony Robbins

Here is our formula for only buying properties with a CAUSE: 1. Convenience (near schools, hospitals, shopping, public transportation, a university) 2. Attracts families 3. Under the average price (10% below the average price in our chosen market) 4. Starter home (entry level home tends to be the most liquid, the most price stable, and generally the easiest to rent out) 5. Economic fundamentals (people are moving there, more jobs are coming, amenities and infrastructures are growing, government is pro-business, rent rates are stable or increasing) [2013] - Julie Broad

Most socially responsible investment (SRI) indexed mutual funds and ETFs charge slightly higher fees than their traditional indexed counterparts. But their returns don’t suffer. Some studies say they beat traditional indexes. Other studies show they slightly lag. Much depends on the time periods measured. Canadians can buy socially responsible all-in-one portfolio ETFs: iShares ESG Conservative Balanced (GCNS, 40% in stocks, 60% in bonds), iShares ESG Balanced (GBAL, 60% in stocks, 40% in bonds), iShares ESG Growth (GGRO, 80% in stocks, 20% in bonds), iShares ESG Equity (GEQT, 100% in stocks, 0% in bonds). [2022] - Andrew Hallam

A preprinted postage permit or postage-metered envelope outpulls an envelope with stamps. [2005] - Robert W. Bly

There are two financial concepts: control and leverage. The major flaw in paper assets such as savings, stocks, bonds, mutual funds, and index funds is the lack of control. The definition of leverage is doing more with less. If a person has control, leverage can be applied with very little risk. One of the reasons why I stay clear of most stocks and mutual funds is because I have no control over expenses. Assets such as a business or real estate require more financial intelligence, allow for more financial control, and permit a higher degree of leverage with very low risk. [2008] - Robert T. Kiyosaki