Quotes of the Day

The cap rate is the ratio between the net income and original price. You get this by dividing the net income by the property's purchase price and it's expressed as a percentage. I look for 10% and higher (if possible), which is difficult to find in Toronto. In the US, where I own additional properties, it's not as difficult to find; it's much more common and that's why I also like purchasing homes there, for the cash flow. [2021] - Shazia Virani

If the lass has class, you should take her to a really fine dining establishment the first time you go out with her. The next time don't just choose an inexpensive "normal" restaurant. Instead, take her to some charming (read "inexpensive") restaurant serving ethnic cuisine. Take her to a quiet restaurant that is darkly lit. Try to get her to order a chocolate dessert.  [2006] - Leil Lowndes

Phoning is more personal and is actually less time-consuming than reading an e-mail. And, if it is a delicate or legal matter, you are not leaving an e-mail trail. [2009] - Leil Lowndes

While bonds are clearly less volatile than stocks, they can still lose value during periods of rising interest rates. That's why conservative investors also look to savings accents and GICs for safety. It's true you won't lose your principal with these investments, but even they're not without risk. The silent killers of all investment returns are inflation and taxes, which can reduce the real return on "safe" investments to zero, or even turn them negative. [2021] - Dan Bortolotti

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