Quotes of the Day

You should be earmarking about 20% of your tax-sheltered assets for the purchase of an annuity at the point of retirement. Buying an annuity is not as effective a strategy as it used to be now that interest rates are so low. That can change, though. Don't even think about buying an indexed annuity. [2020] - Frederick Vettese

Connections between stock and business profits correlate strongly over long time periods—15 years or more. But short term (and 10 years is considered a stock market blip), markets are mad because people are crazy. [2018] - Andrew Hallam

A 10 year fixed mortgage typically carries a rate of around 1% higher than the 5 year fixed. I do think that 10 year fixed terms are not the right choice for most people. It's because nobody expects to break their mortgage mid-term, but it happens all the time, and sometimes we are forced to. [2018] - Paul Meredith

If you're in a bidding war, cash is the king. Write subject free cash offers. It is uncommon for sellers to take an offer with subject clauses over a subject free cash offer UNLESS the offer with subject is MUCH higher than the asking price. Include a copy of your bank draft deposit with the offer. This shows that you are really serious. [2015] - Gary Wong

Internet users are relatively comfortable providing e-mail addresses online, but are very uncomfortable about providing other contact information (phone numbers, street addresses); credit card and social security numbers. [2004] - Dan Gooder Richard