Quotes of the Day

An example of low probability trading is trying to pick the tops and bottoms in strongly trending markets. Other situations to avoid include buying after a market has made a substantial move and is in overbought territory and buying when the market is at the top of a channel or a resistance level. Buying after it has broken below an upward-sloping trendline is also a poor trade, as this may indicate that the trend has ended. [2003] - Marcel Link

A housing slowdown in Canada may signal the end of a prosperous cycle. A serious market correction, already overdue, is likely to happen sooner rather than later. [2013] - Dan S. Barnabic

You don't register a .net domain name to build a business where the .com version of your domain is already hosting a competitor! [2006] - Scott Fox

As long as you switch from one tax-sheltered account of the same type (as in RRSP to RRSP, and TFSA to TFSA) there will be no tax consequences. You just carry on. If you switch out of a regular, non-sheltered account and sell assets (like mutual funds) to reinvest in new assets (like index ETFs) there may be tax consequences. [2018] - Larry Bates

For most portfolios, a reasonable split of foreign stock holdings would be something like the neighbourhood of 40/40/20, with 40% going to Europe (England, France, Germany, Switzerland); 40% to the developed Pacific region (mostly Japan, with a smattering of Australia, New Zealand and Singapore); and 20% to the emerging market nations (Brazil, Russia, Turkey, South Africa, Mexico, and a host of countries where the entire value of all outstanding stock may be less than that of any S&P 500 company). [2013] - Russell Wild