Quotes of the Day

A variation of Box Breathing to more deeply relax the body that's especially effective before sleeping is as follows: Inhale to a count of 4; hold 4; exhale 6; hold 2. Repeat. Try at least six rounds, more if necessary. [2020] - James Nestor

Numismatic coins (coins that have achieved value due to their rarity) carry a high markup, so if you were to liquidate them, you may get only 70% on the dollar (or less). Most people sell their coins to coin dealers, but these dealers will basically offer you wholesale prices since they will end up trying to resell the coins at retail. Consider selling coins to other investors or collectors as they are easier to find now through the Internet. [2008] - Paul Mladjenovic

Should I take my Canada Pension benefit early or wait until I'm 65? The first rule in layering your income: Use the least tax-efficient and least-flexible sources of income first. The CPP follows right behind OAS in that regard. If you're retired, my recommendation is usually to start it as soon as you can. You should take the CPP payment rather than use your own personal assets to generate income. The cumulative sum of payments for a retiree starting his or her CPP at age 60 equals the total received by someone starting at age 65 at age 73.9. It works the same way here with early versus deferred pension payments. Including the time-value adjustment of those earlier payments would move the crossover closer to age 77. [2019] - Daryl Diamond

The red herring tactic is meant to drive the negotiation to focus on something inconsequential, distracting the seller from what you really what. [2015] - Brandon Turner

When you receive your lender's renewal offer, whatever you do, don't sign it! Lenders almost never put their best rate on the renewal. Sometimes you'll get a lower mortgage rate simply by phoning your lender and asking for one. A lower mortgage rate could mean saving thousands of dollars in interest over the life or your mortgage. Your mortgage renewal is too important to leave until the last minute. Start shopping early--four to six months ahead of when your mortgage term ends. This gives you plenty of time to see what else is out there. [2017] - Sean Cooper