Quotes of the Day
RRIFs are usually a good choice if you enjoy managing your money, have an indexed company pension plan that guarantees you a basic level of income, and don't immediately need to start drawing on your funds. Another advantage of RRIFs is that you can convert them to an annuity at any time. Annuities are usually best when you have small retirement savings that absolutely need to last a number of years (especially if you're young and your family has a history of living a long time) and must have the peace of mind that comes with knowing just how much you have to live on. [2019] - Eric Tyson
Market liquidity is deepest during the European session when Asian and North American trading centers overlap with European time zones — about 2 a.m. to noon Eastern time (ET). Markets are also prone to quick price adjustments in the 15 to 30 minutes ahead of major data releases as nearby orders are triggered. [2007] - Mark Galant
On day trades I like to find trades with a minimum of a 2:1 or 3:1 potential payoff, the higher the better. On long-term trades I look for at least a 5:1 reward/risk ratio. [2003] - Marcel Link
It takes a month of job searching for every $10,000 of income you are trying to replace. So, if you're trying to find a $70,000 job, plan on being out of work seven months. It may even take more time to find a job in this New Economy. The average worker who is laid off can expect a 25% to 40% cut in pay when s/he does go back to work. [2016] - Dan Quillen
Always choose a real estate agent who is also invested; Always chooses a real estate agent with several years of experience (at least five to ten years in the business); Always get a recommendation before choosing a real estate agent. [2017] - Calum Ross
