Quotes of the Day

Owners of properties with more than 12 units, as well as absentee owners, manage their properties through a professional management company. You'll pay a fee for the service - typically 2-5% of the property's gross monthly revenue - yet have the advantage of working with a company far more experienced in management than you are. If your rental property is a condo unit, you may have the option of assigning management to the management company the building council employs. This is advantageous because you get to work with a company that comes with a solid reference, and which knows the building. [2020] - Douglas Gray

All investments (not just those in real estate) using borrowed money create a tax deduction. In Ontario, for example, you are at a marginal tax rate of over 33 percent by the time you earn over $45,000 per year. This means that if you borrow at 10 percent, then your after-tax cost of borrowing is less than 7 percent (10 percent x (1-0.33) = 6.7 percent). [2017] - Calum Ross

There are studies that indicate holding a 10-25% position in bonds with 75-90% stocks will actually very slightly outperform a position holding 100% stocks. Adding much beyond 25% bonds begins to hurt results. A portfolio comprised of 100% stocks--even in the broadly diversified VTSAX--is considered very aggressive. High short-term risk rewarded with top long-term results. Perfect for those who can handle the ride, are adding new money to their investments and who take the long view. [2016] - J L Collins

As you age, your risk of developing and dying from cancer grows every year--until you hit eighty-five or ninety, when, interestingly, your cancer risk begins to drop. In deed, if you don't get cancer by a certain age, you may never get it. What accounts for this relative resistance to cancer among centenarians? It may have to do with a cancer-promoting growth hormone called insulin-like growth factor 1 (IGF-1). The release of IGF-1 appears to be triggered by the consumption of animal protein. Vegetarians who include eggs and dairy in their diets don't seem to achieve a significant reduction in IGF-1. Only men and women who limit their intake of all animal proteins appear able to significantly drop their levels of the cancer-promoting hormone and raise their levels of the protective binding proteins. [2015] - Michael Greger

Six principles for strength training: 1) Overload; 2) Progressive training; 3) Momentary muscle failure; 4) One set only; 5) Slow is better; 6) Sufficient recovery time. Taken together, those principles form the basis of what is known as High-Intensity Training, or HIT for short. People are invariably doing the conventional workout of multiple sets of fairly fast reps. And there's nothing wrong with that if you enjoy it, have the time, and don't injure yourself. But research shows that HIT delivers equal results in a fraction of the time. Intensity is more important than duration, whether you're doing aerobic exercise--high-intensity interval training exemplifies the rule of thumb--or strength training. [2021] - Philip Shepherd