Quotes of the Day

You should always eat an early dinner. I recommend 6:00 p.m., assuming that you will go to bed after 11:00 p.m. [2015] - Jamie Koufman

Meditation is useful both in depression and in anxiety. It helps to bring about a calm state of mind. Start with a minute and a half. If you have not done anything like this before, find a clock with a second hand and do nothing more than sit quietly - watching the second hand move through your 90 seconds. [2009] - Liz Miller

Interest earned on bank deposits, GICs, bonds, and other 'fixed income' investments is taxable when earned, at your full marginal tax rate. The same goes for dividends received from non-Canadian stocks. Generally speaking, Canadian stock dividends are taxed less severely than interest income. Dividends are taxed when earned, even if you reinvest those dividends. Capital gains are generally taxable at just half your normal rate. Any capital gains tax is payable only when the investment is actually sold. An investment can increase in market value at a compound rate over time, increasing your wealth along the way, but you trigger no tax until you actually sell. [2018] - Larry Bates

Balanced Plate: 1. Cover half your plate with nonstarchy vegetables 2. Cover about 25 percent of your plate with lean protein, including some plant sources 3. Cover the remaining 25 percent of your plate with a healthy starch choice, such as a whole grain or starchy vegetable 4. Include a dab of healthy fat to enhance the flavor and add healthful nutrients [2013] - Hillary Wright

Most lenders require a DCR (debt coverage ratio) of at least 1.20 in order to finance an income property. A property with a 1.20 DCR has income before debt service that is 1.20 times as much as the debt service--in other words, the property generates 20% more net income than it needs to make its mortgage payments. [2004] - Frank Gallinelli