Quotes of the Day

The mere fact that a woman caresses her arm while looking at you or dangles a shoe while talking with you does not mean she's suddenly struck with an irresistible desire to roll over and say, "Do me." It could just mean that her arm itches or her feet hurt. If, however she does both and then flips her hair or licks her lips, you can start to get the picture. [2006] - Leil Lowndes

As of January 1, 2021, the maximum OAS pension for an individual who started payments at age 65 is $615.37 a month. One needs to have been resident in Canada for 40 years after age 18 to receive the maximum, otherwise the pension is pro-rated. OAS pension rises quarterly in step with increases in the Consumer Price Index. If you were 65 in 2021 and had income over $79,845 in that year, you would have to pay back some of the OAS pension you were receiving. OAS income is essentially "clawed back" at the rate of 15% of your income that is in excess of $79,845. You would receive no benefit at all from OAS pensions if your earnings were over $129,000 in 2021. [2021] - Frederick Vettese

Commercial buildings are generally valued on the basis of their rental income. Typically, banks will lend 50 percent of the appraised value of a commercial property. It is generally much easier to instantly increase the value of a commercial property from the low purchase price you paid to the new appraised value after you have owned the property for a few weeks. The reason is simply that an empty residential property still appraises for close to what its value would be if it were occupied. However, an empty commercial building is not worth much at all. [2001] - Dolf de Roos

Good habits are hard to form but easy to live with. [2004] - Brian Tracy

When you receive your lender's renewal offer, whatever you do, don't sign it! Lenders almost never put their best rate on the renewal. Sometimes you'll get a lower mortgage rate simply by phoning your lender and asking for one. A lower mortgage rate could mean saving thousands of dollars in interest over the life or your mortgage. Your mortgage renewal is too important to leave until the last minute. Start shopping early--four to six months ahead of when your mortgage term ends. This gives you plenty of time to see what else is out there. [2017] - Sean Cooper