Quotes of the Day

Monounsaturated fats are considered a good type of fat when consumed in moderation. They help increase our body’s HDL levels while lowering LDL levels. They’re found in a wide variety of foods, such as meat, whole milk, olives and olive oil, avocados, almonds, cashews, and peanuts. With the exception of red meat, monounsaturated fats are typically good choices for people with acid reflux disease. However, a subset of monounsaturated fat is not good for those with acid reflux—vegetable oils made from seeds. Cold-pressed vegetable oils are always the best option for people with acid reflux. If possible, choose extra virgin olive oil. [2017] - Jonathan Aviv

Your photo: Eye contact with the camera signals trust and openness; a genuine smile signals approachability, confidence, and happiness, and open body language signals you're open as a person. A lifestyle portrait generally looks more intimate when the subject is leaning (slightly) forward or sideways with one elbow on something, and when his or her shoulders are not as symmetrical as they would be in a passport photo. Look at a few fashion magazine covers and you'll see what I mean. [2004] - Nicholas Boothman

In the Information Age, information alone can make you very rich. You don't need tangible resources like land, gold, or oil. Likewise, poor or mistaken information is a liability. Poor information creates poor people. Today, information and a very inexpensive computer can transport you from poor to super-rich while you're sitting at home. All it takes is the right information. [2008] - Robert T. Kiyosaki

If you need life insurance, your best move is to buy a term policy until you've taken full advantage of TFSAs and RRSPs and until you've paid off your consumer debts and mortgage. If you find yourself in the enviable position of having accomplished all of that, some cash-value policies may be worth exploring. Even then, though, make sure you watch your costs--they can turn a theoretically good idea into a bad one in practice. [2011] - David Chilton

Come up with a rough number of how much you're going to need to take from your nest egg each year. Whatever the number, multiply by 10. That amount, ideally, is what we'd like to see you have in your bond portfolio, at a minimum, on the day you retire. In other words, if you think you'll need to pull $30,000 a year from your portfolio, we'd like to see you have at least $30,000 in cash and about $300,000 in bonds. That's regardless of how much you have in stocks - and you should have at least an equal amount in stocks. Most people (who aren't rich) should have roughly one year's income in cash and the rest in a 50/50 (stock/bond) portfolio on retirement day. [2013] - Russell Wild