Quotes of the Day

Gather at least 6 (preferable a dozen or more) similar Airbnb listings and record weekday (Sundays to Thursdays) and weekend (Fridays and Saturdays) rates for 4, 8, and 12 weeks. Taking the average weekday and weekend rates for these similar listings gives you a good baseline pricing. During your ramping-up period (typically the first 2-4 months after an Airbnb listing goes live), start at 20% lower than your baseline pricing. Wait for 1 week and see if your listing is mostly booked 2 weeks out (aim for 80%+ occupancy). If not, drop pricing by another 10% every week until you're booked 4 weeks out. If more than 4 weeks are booked within the first week, then raise prices by 10% every week until you're fully booked for the next 4 weeks or until reaching baseline pricing. After you reach the baseline pricing, sign up for 3rd-party dynamic pricing software to monitor and adjust pricing going forward automatically. [2023] - Symon He

A primary trend lasts the longest period of time, and its lifespan may range between eight months and two years. An intermediate trend could last from a month to as long as eight months. A short-term trend can last for a few days to as long as a month. Day traders are concerned with spotting and identifying short-term trends. [2007] - Grace Cheng

The Japanese yen pairs have their own “personalities” and are more likely to find support/resistance at round numbers. If you enjoy trading the USD/JPY currency pair, try EUR/JPY. This pair is similar to USD/JPY, but the moves tend to be quicker, with greater volatility. [2007] - Ed Ponsi

In the United States, mortgage interest is tax deductible (even on your personal-use home). Canadian tax law doesn't allow for this. However, interest paid on money borrowed to invest can be deducted off your tax bill (interest paid on money borrowed for other reasons cannot). You'll never be able to deduct interest on the portion of the mortgage that is used to purchase your principal residence, but you can borrow additional funds against your home for the purpose of investing, thereby creating a tax-deductible interest expense. [2017] - Calum Ross

If you are unable to raise the necessary 25% funding to complete the purchase of the home, then a high-ratio mortgage may be available to you. This is a conventional mortgage which exceeds the 75% limit. By law, these mortgages must be insured, and they are available only through approved lenders that are accepted by CMHC or Genworth Financial. [2006] - Douglas Gray