Quotes of the Day

I often see situations where people in retirement have non-registered mutual funds and the taxable distributions are being reinvested. Don't do that! During the income phase, any interest, dividends or capital gains that are distributed from non-registered GICs, GIAs, bonds, mutual funds etc. should be paid out to you as income rather than compounded or reinvested. Compounding your GIC is simply compounding your tax problem. Have the interest paid out to you at the time you're taking income. [2019] - Daryl Diamond

Cutting losses, cutting losses, and cutting losses are the three keys to successful trading. [2003] - Marcel Link

Canned beans are as healthy as boiled beans--with one exception: sodium. Salt is often added to canned beans, resulting in sodium levels up to 100 times more than if you cooked them without any salt. I recommend purchasing the no-salt-added varieties and cooking with the bean liquid in whatever dish you're whipping up. The only legumes I have the patience to cook from scratch are lentils. They cook quickly and don't need to be presoaked. You can just simmer them as you would pasta, in a pot with an abundance of water, for about half an hour. [2015] - Michael Greger

If you try to exercise on a full or even partly full stomach, there is a greater risk that certain movements or types of movement will lead to increased pressure on the Lower Esophageal Sphincter (LES), which if compromised will let in gastric acid and tissue-damaging pepsin. To prevent this from happening, be sure to exercise only after at least two hours have passed since you’ve eaten, and three hours for larger meals. Depending on your schedule, this may require you to work out on an empty stomach before breakfast. Try to drink 16 ounces of water (about two glasses) upon rising to ensure that your body is hydrated before you start exercising. [2017] - Jonathan Aviv

Don't obsess over your sleep, especially if you're having problems. If you need an alarm clock, make sure it's turned away from you so you can't see the numbers. And if you find yourself worrying about poor sleep scores, give yourself a break from your sleep tracker. If you find yourself lying awake in bed, unable to get back to sleep, my advice is to stop fighting it. Get up, go into another room and do something relaxing. Fix a cup of tea (noncaffeinated, obviously), and read a (preferably boring) book until you feel sleepy again. If the sleeplessness persists, the most effective treatment is a form of psychotherapy called Cognitive Behavioral Therapy for Insomnia, or CBT-I. Studies of CBT-I techniques have found that they're more effective than sleeping medications. [2023] - Peter Attia