Quotes of the Day

Placing a cap over the toothbrush head appeared to encourage virulent opportunistic pathogens, like one called Pseudomonas aeruginosa, a species of bacteria that is adapted to low-oxygen environments. This is important information for anyone who travels or keeps their toothbrush in a gym bag, drawer, or confined space. [2018] - Ellie Phillips

Having a will makes good sense even if you don't have kids, because it gives instructions on how to handle and distribute all your worldly possessions. A living will (also known as an advance healthcare directive) tells your doctor what, if any, life-support measures you prefer. A medical (or healthcare) power of attorney grants authority to someone you trust to make decisions regarding your medical-care options. The simplest and least costly way to prepare a will, a living will, and a medical power of attorney is to use a high-quality, user-friendly software package (e.g. Complete Canadian Wills Kit), and then, if you prefer to be cautious, have them looked over by a lawyer. Be sure to give copies of these documents to the guardians and executors named in the documents. What makes a will valid is that two people witness your signing it. [2019] - Eric Tyson

If a year’s worth of rent adds up to less than 5 percent of the market value of a similar home, renting is an attractive option. Vice versa, if rent works out to more than 5 percent, buying may make more sense financially. The 5 percent rule assumes you’re going to be a pretty aggressive investor — someone comfortable putting a good share of their savings into stocks — to keep up with the long-term wealth growth a homeowner might see. And if you have a generous pension plan at work where your employer matches your contributions, that’s a vote in favour of renting and being able to make bigger monthly deposits to that group retirement plan. [2021] - Erica Alini

Taking a few days off from watching the market to clear your mind can be the best remedy for a losing streak. [2009] - Kathy Lien

Investing a lump sum, as soon as you have it, usually beats dollar-cost averaging. In other words it's usually best to invest as soon as you have the money. [2017] - Andrew Hallam