Quotes of the Day

Most online discount brokers don't charge ongoing fees for investment accounts with balances above a given level-usually somewhere between $10,000 and $25,000. Accounts below this level may be hit with an 'administration' fee of $100 annually. Fortunately, there are a number of significant exceptions to this general rule that can allow small investors to avoid these fees. Some major online discount brokers don't charge ongoing administration fees for TFSA accounts of any size, while others will waive fees if you make monthly or quarterly deposits. [2018] - Larry Bates

The most useful way of applying the RSI is through its divergence signals. [2007] - Grace Cheng

The value of a bond generally moves in the opposite direction of the change in interest rates. For example, if you're holding a bond issued at 5 percent and rates on similar bonds increase to 7 percent, your 5 percent bond will decrease in value. (Why would anyone want to buy your bond at the price you paid if it yields just 5 percent and 7 percent can be obtained elsewhere?) [2019] - Eric Tyson

When attempting to buy property at substantially reduced values, two things are most likely to produce favorable responses from buyers: cash and rapid closings. [2004] - Mike Summey

Sometimes, instead of prescribing a BzRA for sleep, physicians prescribe a low does of an antidepressant (such as trazodone) or antipsychotic medication. It's debatable whether this type of low-dose treatment of insomnia is better than treatment with BzRAs. Stopping these medications after months or years of taking them is usually more straightforward than stopping BzRAs, although they should be gradually reduced, rather than stopped abruptly, over weeks. [2021] - Judith R. Davidson