Quotes of the Day

Writing offers is the difference between successful investors and excuse-laden pretenders. If the offer is rejected outright, then you know you haven't found the motivated vendor you're looking for; remember, dealing only with motivated vendors is absolutely critical. By receiving an outright rejection, you have just saved yourself substantial time, energy and money because there is no use putting any further effort into this property until the vendor is motivated. You may return in a few months when the vendor's motivation level has increased, but today is not the day for a deal, so move on to the next one. [2009] - Don R. Campbell

Japan is the third largest forex trading center, and comprises about 10 percent of all forex trading volume. London is considered the world’s capital of forex trading. Roughly 30 percent of all foreign exchange volume comes from the trading desks of London. New York is the second most important market in forex trading, and accounts for about 15 percent of the world’s total foreign exchange volume. Trading is especially active early in the U.S. session and usually becomes aimless and choppy after midday in New York. Friday afternoons in the United States are generally the least active. [2007] - Ed Ponsi

Being a rich entrepreneur is not easy. The world is filled with entrepreneurs who are average. The same is true with real estate. The world is filled with real estate investors who do not make much money. If people want to become rich, they need to find an environment that allows them to develop and apply their genius. This is not easy, but it can be done if you are dedicated and have the drive to win. [2008] - Robert T. Kiyosaki

Shiitake mushrooms may be able to reverse the changes to the microbiome that typically accompany old age. Lion’s mane could decrease the symptoms and the proteins associated with gut inflammation by as much as 40%. The mushroom increased the healthy bacteria Akkermansia while decreasing the harmful sulfur toxin-producing Desulfovibrio. [2019] - William W Li

Ideally, your marginal tax rate at the time you contribute to an RRSP should be higher than it will be when you start drawing an income from those savings. To measure the impact with precision, you would need sophisticated tax-optimization software, the type that is being developed by a firm called mygoals. Tax efficiency is the main reason for splitting contributions between an RRSP and a TFSA. Another reason is that you never know when you may have to dig a little deeper for some emergency spending in retirement. If you withdraw a large lump sum from your RRSP, it could catapult you into a higher-income tax bracket. You can avoid that by withdrawing the necessary funds from a TFSA instead. [2021] - Frederick Vettese