Quotes of the Day

Building and repairing relationships are long-term investments. [2004] - Stephen R. Covey

You should breathe in this ratio: inhale one count, hold four counts, exhale two counts. If you inhaled for four seconds, you would hold for sixteen and exhale for eight. Stop and take ten deep breaths, in the above ratio, at least three times a day. Start in the abdomen, take a deep breath through your nose while counting to seven (or pick a larger or smaller number based upon your ability). Hold your breath for a count four times that of your inhalation, or twenty-eight. Then exhale slowly through your mouth for a count two times the length of your inhalation, or fourteen. [1989] - Anthony Robbins

TFSAs will generally produce a better ultimate result versus an RRSP if your marginal tax rate at withdrawal is higher than your marginal tax rate when you contribute. TFSAs are almost always a better choice for lower-income investors (below $40,000 in annual income). RRSPs can produce better results for higher-income earners who expect their marginal tax rate at the time of withdrawal to be lower than at the time of contribution. Remember, a dollar in your RRSP is worth less than a dollar in your TFSA. To help 'equalize' the real after-tax value of an RRSP contribution with the value of a TFSA contribution, contribute your tax refund to your RRSP as well. Alternatively, put your tax refund toward your TFSA. [2018] - Larry Bates

Income/Financing Ratio: 65% of income should be the maximum financing (mortgage principal and interest) cost. E.g., if rent is $2,000/month, financing should not exceed $1,300/month (2,000 x .65 = $1,300). [2013] - Julie Broad

Find somebody to love who is a lot like you. There are seven significant similarities: 1. Spiritual harmony. 2. Desire for verbal intimacy and ability to be intimate. 3. Level of energy. 4. Level of ambition. 5. Expectations about roles. 6. Interests. 7. Personal habits (punctuality, cleanliness, orderliness, dependability, responsibility, and weight management). [2002] - Neil Clark Warren