Quotes of the Day

Experienced salespeople present one feature or benefit and then ask for feedback. They make sure that they understand what the customer is thinking at each state of the sales presentation. [2004] - Brian Tracy

Deferring CPP pension to age 70 forces you to draw down your RRIF assets (or other assets) more quickly before age 70, but those same assets last longer because the CPP pension from age 70 and on is so much bigger. This strategy is only for people with significant savings. For a couple, the threshold is about $400,000. For a single person aged 65 at retirement, it would be about half that. You probably will not want to defer your OAS pension unless your income after 65 is high enough to be subject to the OAS clawback rules. In the case of OAS, the pension at age 70 is only 36% higher than at age 65, not 42%. [2020] - Frederick Vettese

Some people believe if they buy large, established companies they could beat a simple index. Unfortunately, it's easier said than done. The 10 biggest stocks in the United States always looks like a hurricane‐proof list. But the 10 biggest stocks change all the time. And those betting on the biggest firms as a group have always reaped weak returns. [2018] - Andrew Hallam

A 10 percent return on investment (ROI) may be a very good deal if you can borrow the money to purchase the investment at 6 percent. [2004] - Mike Summey

As you focus on calming your breathing, your anxiety will quickly reduce and you will start to think clearly again. This is especially important if you feel a panic attack coming on. [2009] - Liz Miller