Quotes of the Day

You should contribute the maximum optional contributions (say 4% of pay) matched by the employer. By contributing the full 4% optional contribution, you are effectively getting a 4% raise. Better still, the company's 4% matching contribution isn't taxed in your hands. At least not until you retire and start drawing an income from your savings. Another way to look at it is that your 4% contribution earns an instant 100% return. [2021] - Frederick Vettese

Older people in particular should try to keep track of their lean mass, such as via a body-composition-measuring scale (or better yet, DEXA scan), and adjust their protein intake upwards if lean mass declines. For me and my patients, this works out to 4 servings of protein per day (each at ~0.25g/lb of body weight), with at least one of them being a whey protein shake (Typically, I'll consume a protein shake, a high-protein snack, and two protein meals). The overall quality of protein derived from plants is significantly lower than that from animal products. The same is true of protein supplements. Whey protein isolate (from dairy) is richer in available amino acids than soy protein isolate. [2023] - Peter Attia

If your RRSP returns are substantially above your mortgage rate, continue to invest in RRSPs. Generally that rate needs to average at least 2% points higher than your mortgage interest rate for ALL the years of the investment, in order for it to be better than paying off your mortgage. The same basic rule applies to any other debt that you may be servicing. A good rule of thumb is to get rid of the debt first, unless the investment guarantees a return above the interest rate you are paying on the debt. [2008] - Dwayne Daku

Portfolio lenders include many banks, savings institutions, credit unions, pension funds, and life insurance companies. Portfolio lenders can tailor any type of loan that can find a market. [2003] - Gary W. Eldred

To get some clues as to whether a trend could be reversing, you should scrutinise the price charts, and look out for certain reversal chart patterns that tend to serve as harbingers of a trend change. Examples of such patterns include the head-and-shoulders, double top/bottom, triple top/bottom and so on. If you do spot these formations in your charts especially in the daily or weekly chart, there is a high chance that a reversal may be in the works, and that you should get ready for trading a breakout. [2007] - Grace Cheng