Quotes of the Day

Oftentimes, at the beginning of a week, a new trend will emerge. If the trend is strong enough, it can last for several days with virtually no retracement. [2006] - Boris Schlossberg

If you have a high incidence of problems or dissatisfaction, it means either you promised too much or your product or services are inferior and need quality attention. [2000] - Jay Abramham

A HELOC (home equity line of credit) allows a homeowner with significant equity access to that dormant equity. The homeowner can do what they want with the money. The most financially literate and sophisticated people have always borrowed against home equity to invest. [2017] - Calum Ross

When they say to you, "Let me think it over," they are announcing to you that the interview is over and that you have lost your entire investment of time and energy in this prospect. [2004] - Brian Tracy

Although you can close out your RRSP earlier than the year in which you celebrate your 71st birthday, the best strategy for most people is to leave your RRSP intact for as long as you're allowed. This is almost always the case if you decide to turn it into an RRIF. If you choose to go the annuity route, collapsing your plan a year or two early can make sense. If interest rates are relatively high, closing your plan out early may make sense if it allows you to lock in a higher-than-average return. [2019] - Eric Tyson