Quotes of the Day

Five elements of the Win/Win agreement: 1. Desired results (not methods): identify what is to be done and when. 2. Guidelines: specify the parameters (principles, policies, etc.) within which results are to be accomplished. 3. Resources: identify the human, financial, technical, or organizational support available to help accomplish the results. 4. Accountability: sets up the standards of performance and the time of evaluation. 5. Consequences: specify--good and bad, natural and logical--what does and will happen as result of the evaluation. [2004] - Stephen R. Covey

Total cholesterol is not a predictor of future heart disease; LDL cholesterol is a marginal risk factor; and HDL cholesterol is a fourfold better predictor of risk than LDL cholesterol and the only reliable predictor of risk for people over 50. Saturated fat raises HDL cholesterol while carbohydrates lower it. Trans fats are an entirely unnatural substance that contribute to insulin resistance and inflammation. We recommend cooking with olive oil, coconut oil, and grass-fed ghee. Oils that are predominantly monounsaturated--olive oil, avocado oil, and nut oil among others--increase calcium absorption. [2016] - Laura Kelly

You should try to get your overall investment fee down to about 0.6% a year, if not less. A robo-advisor (also known as an "automated investment advisor") is a firm that establishes and maintains your investment portfolio with minimal human supervision, all based on information that you provide online. One such firm is Wealthsimple. The Big-5 banks are also getting involved, such as RBC with its InvestEase platform. You pay the robo-advisor 0.2-0.5% a year as a management fee. You pay another 0.2% or so to access the advisor's exchange-traded funds (ETFs). [2020] - Frederick Vettese

The Law of Belief: Whatever you believe, with conviction, becomes your reality. [2004] - Brian Tracy

Exchange-traded gold funds have been a major driver of investment demand since 2004. Under the symbol "GLD", State Street Global Advisors (the world's largest institutional money manager) and the World Gold Council launched the first gold-based security backed by a representative portion of physical gold bullion held in a secure vault. [2008] - Shayne McGuire