Quotes of the Day

Taller people are more successful, healthier and live longer than short people. [2004] - Allan Pease

If you are already in conversation with a woman and she turns her palms toward you, it means she is warming up to you and likes you. [2006] - Leil Lowndes

Peak hours for sending a first email through the online dating system tended to be during work (eleven A.M. to four P.M.) and then just after dinner (seven P.M. to nine P.M.). I did have a few women send me a first message after eleven P.M. Those who did had an 82 percent chance of coming from a profile that had too many words. [2013] - Amy Webb

Reverse mortgages don't let you tap the full value of the house. Typically, you can access only 40% of its assessed value, a measure that ensures the lender receives both the value of the house and interest owing even if the property declines in value. [2020] - Douglas Gray

In some cases, capital gains taxes can be avoided when assets are disposed of. The Capital Gains Exception (CGE) exempts just under $900,000 when qualifying small business corporations are disposed of. On the tax return, 50% of the CGE will be claimed, and this is known as the capital gains deduction. You do have some control over when you sell or otherwise dispose of an asset. Therefore, you have the potential to reduce the marginal tax rate on your investments through purposeful time. E.g. you could reduce your tax burden by disposing of the asset over 2 tax years (half in December, half in January) or by offsetting capital gains in the year with allowable capital losses. [2020] - Evelyn Jacks