Quotes of the Day

To create a regular stream of income, you'll need to convert your RRSP into one of three options: a life annuity (the payments are guaranteed to be paid for life and don't change with fluctuations in markets or interest rates), an annuity certain to age 90 (it pays a constant amount of monthly income until you turn 90) or a RRIF (the most common and practical option for delivering income from RRSP accumulations). When acquiring an annuity with RRSP proceeds, your holdings or investments are sold and the capital is used to purchase the annuity. When creating a RRIF account, existing RRSP investments can remain the same if that's what you wish. Your existing RRSP investments just move "in kind" (as is) into your RRIF account. [2019] - Daryl Diamond

If you're investing in major markets, there is no more space to build at the same time as there is a net migration into the cities. Simple supply and demand stipulates that prices will remain robust (taking into account the inevitable corrections) for the foreseeable future. [2017] - Calum Ross

Use between three and five photos in your gallery. Galleries with more photos are more competitive, but after five they seem to pass a point of saturation and diminishing return. [2013] - Amy Webb

In general, interest-paying ETFs (REIT ETFs, bond ETFs) are best kept in tax-advantaged accounts. [2013] - Russell Wild

You have to look at rolling 20-year periods before there's a very high probability of equity returns close to 8% average. This means if your time horizon or temperament prevents you from thinking that far ahead, you need to dampen your portfolio with an allocation to high-quality bonds. This will lower your expected return, but that is the inevitable trade-off between risk and reward. [2021] - Dan Bortolotti