Quotes of the Day

Since 1995, people operating strictly as fundamental investors have not done as well as investors who also consider the technical side of the market. Both technical as well as fundamental skills were important to survive the ups and downs of the world of investing. The Wall Street Journal is primarily a paper written for technical investors, and not necessarily for fundamental investors. George Soros is often recognized as one of the best technical investors. [2000] - Robert T. Kiyosaki

The 'Rule of 20' (developed by the Canadian office of Russell Investments) is a simplified method that gives you a very rough and rather conservative estimate of the size of nest egg you might require. First, estimate the amount by which your annual retirement costs will exceed your assured source of income like CPP, OAS, employer pensions, annuities, any significant sources of cash such as an inheritance or home downsizing, etc. (your 'Retirement Gap'). Multiplying your Retirement Gap by 20 gives you rough approximation of your required nest egg. [2018] - Larry Bates

When entering a foreign country, concentrate on reducing the broadness of your body language until you have the opportunity to observe the locals. [2004] - Allan Pease

Put assets that pay interest or non-qualified dividends in your tax-deferred or tax-sheltered accounts. Put assets that pay qualified dividends in your normal investment accounts. [2019] - Kristy Shen

If you are unsure of a trade, stay out. It is better to miss an opportunity than to have a loss. [2007] - Grace Cheng