Quotes of the Day

Bonds have historically returned almost 5% annually, according to the data from Credit Suisse. It's hard to see how an investor could expect that to continue in the foreseeable future, with high-quality bonds in many countries yielding less than 1%. One place to look for a realistic estimate of future returns for bonds is to invest the web page of an ETF that tracks the overall Canadian bond market, such as the Vanguard Canadian Aggregate Bond Index ETF (VAB). Look for the fund's "yield to maturity": this is the total return you should expect if interest rates don't change. [2021] - Dan Bortolotti

Photos make better visuals than drawings. "They are more real, more believable, than illustrations. Photos should be sharp, clear, and simple. Professional photography is expensive but necessary in advertising. [2005] - Robert W. Bly

The 4 basic rules of good goal setting: 1) must be clear and specific. 2) must contain a time element. 3) must be consistent. 4) must be achievable. [2008] - Dwayne Daku

Market liquidity is deepest during the European session when Asian and North American trading centers overlap with European time zones — about 2 a.m. to noon Eastern time (ET). Markets are also prone to quick price adjustments in the 15 to 30 minutes ahead of major data releases as nearby orders are triggered. [2007] - Mark Galant

Probably the best-known robo-advisor in Canada is Wealthsimple, which was one of the first on the scene in 2014. But there are many others, including Nest Wealth, Justwealth and CI Direct Investing. Moreover, a number of banks and brokerages have their own branded robo-advisor services. The Bank of Montreal has BMO SmartFolio, Royal Bank has RBC InvestEase, and Questrade has Questwealth Portfolios. There's a lot of information online to help you compare various robo-advisors, including annual comparisons in the Globe and Mail and on MoneySense.ca. [2021] - Dan Bortolotti