Quotes of the Day

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

Almost any bank will give you 1/4 percent to 3/4 percent rate reduction just for asking; a quality mortgage broker will be negotiating on your behalf to get these reduced rates. You can even get more in some circumstances. With personal lines of credit, it's not unheard of to receive below the bank's prime rate if it is secured on a piece of property. [2009] - Don R. Campbell

Notwithstanding market conditions, always start with a lower offer, say, 75 percent of the asking price. If the broker doesn't want to present your low offer, find another one who will. If there are multiple offers for the condo unit you're interested in, don't let your broker get you into a bidding war. Walk away and consider another unit. [2013] - Dan S. Barnabic

Graphics or photos of people are particularly effective. [2007] - Chet Holmes

If you’re charging $35 an hour for tutoring but it takes you 30 minutes each way to get to your pupil’s house, you’re really making $17.50 an hour, not including the bus fare. Other time-consuming tasks for which you won’t earn a cent include looking for new clients, bidding on projects, and financial housekeeping. [2021] - Erica Alini