Quotes of the Day

Will gold price go up in a straight line? Of course not. No market ever does that. I expect one or more corrections along the way--sharp plunges by as much as 20 or 25 percent. But these will be mere bumps along the road. In fact, savvy investors will treat them as the buying opportunities that they are. [2009] - James DiGeorgia

It's an old, established rule, but "golden hour" lighting is ideal because the first and last hours of sunlight are diffuse and warm. For that reason, women with photos taken outside during those hours tended to look great. [2013] - Amy Webb

When you hold US stocks in your RRSP, there are no withholding taxes from Uncle Sam. In fact, Canada has a tax treaty with the US government that excludes retirement accounts (such as RRSP and RIF) from being taxed. Unfortunately, it is not as simple when you are buying the very same US stocks in a non-registered or cash account as well as the TFSA. If you are able to maximize both your RRSP and TFSA contribution, you should go for US stocks only in RRSP and Canadian stocks in your TFSA. Note that capital gains are not taxable in both RRSP and TFSA accounts. [2012] - Mike Heroux

Will the arrival of a major new employer create an increase in the demand for apartments? If so, this may be the time to look at apartment buildings. [2004] - Frank Gallinelli

Property Manager Interview Questions: What are your management fees? How do you communicate with owners (how frequently, what about)? How many properties do you manager? How long have you been a property manager? Am I locked into a management contract with you (if so, how does that work)? How many evictions do you have each month? What kind of reserves do you/does your company require? How long does a typical tenant stay in a property? How long do properties usually stay vacant before being rented? How do you screen tenants? Do you accept people who have had an eviction on their record? How do you handle maintenance requests? Is there a minimum charge for a maintenance visit? What do you do if a tenant doesn't pay rent? How do you market vacant properties? [2015] - Brandon Turner