Quotes of the Day

As long as you switch from one tax-sheltered account of the same type (as in RRSP to RRSP, and TFSA to TFSA) there will be no tax consequences. You just carry on. If you switch out of a regular, non-sheltered account and sell assets (like mutual funds) to reinvest in new assets (like index ETFs) there may be tax consequences. [2018] - Larry Bates

When cancers progress in an orderly manner from precancerous stage to small tumor to large tumor to metastasis, screening succeeds. Screening to remove early cancers prevents the development of late cancers, and this saves lives. But if removal of early-stage cancer does not reduce late-stage cancer, screening is unsuccessful, and overdiagnosis becomes a problem. Not every early-stage cancer needs to be destroyed, as many small cancers are contained by the immune system and will never pose a serious health threat. With toxic treatments such as surgery, radiation, and chemotherapy, the treatment may be worse than the disease. [2020] - Jason Fung

Consistently use (with discipline and proper risk management) strategies that produce more wins than losses in the long run. Wait stringently for the best trading opportunities before you take action. Trading too frequently causes you to be caught in many bad trades; your success rate will be low. [2008] - Yeo Keong Hee

The only publicly available report on positioning is the “Commitments of Traders” report published by the Commodity Futures Trading Commission, and even that is released with a three-day delay. A useful alternative is to use risk reversals, which are provided on a real-time basis on the Forex Capital Markets (FXCM) news plug-in, under Options. Risk reversals do a very good job of identifying extreme overbought and oversold conditions. [2009] - Kathy Lien

A good deal in a marriage partner is defined as "a person who brings at least as many qualities to the marriage as you do." [2002] - Neil Clark Warren