Quotes of the Day

It's important to know what motivates the other party to a negotiation. If you can show them how doing it your way is to their advantage, they might just go along. [2006] - Robert Irwin

People don't buy products; they buy benefits. They buy solutions to their problems. They buy ways to satisfy their needs. [2004] - Brian Tracy

Until you have at least $5,000 to invest, I suggest you work around dividend ETFs or dividend mutual funds to start building your portfolio. I particularly appreciate dividend mutual funds as they allow you to invest on a periodic basis with no additional cost.  [2012] - Mike Heroux

If I was in a high-income bracket and had maxed out on my contributions to RRSPs and TFSAs, but I still wanted to invest more, real estate might be the way to do it. It's more tax-effective than some types of investment. Also, it would be a good way to take advantage of low interest rates. [2021] - Frederick Vettese

In today's low interest rate environment, short duration bonds are better buy because their prices will fall less than long bonds when rates rise. In other words, short-term bonds are a less volatile form of fixed income. Of course, because you're taking on less risk, yields will be lower.  [2013] - Russell Wild