Quotes of the Day

Mindfulness-based cognitive therapy, or MBCT, helps people out of the gap between how we feel and how we want to feel. It combines traditional strategies of cognitive therapy with mindfulness practices. Cognitive therapy helps you change distorted thoughts; mindfulness helps you change how you relate to your thoughts in the first place. MBCT is potent against that great threat to your telomeres, major depression. It's been show to be as effective as an antidepressant. [2017] - Elizabeth Blackburn

Do not embed graphics into your actual e-mail blast. Instead, place your graphics on a Web server and call the graphics by a URL embedded into your e-mail. When designing your HTML e-mail, use absolute URL's for all of your graphics or hyperlinks. Where possible, minimize the use of graphics to improve download speed. Use HTML coding, tables, background colors, etc to design your e-mail without graphics when possible. [2007] - Bruce C. Brown

It is a very good idea to attempt to determine if it is a good match before you marry and certainly before there are children. Ten red flag items: 1) Single; 2) Well treated, loved and nurtured in early years; 3) Good relationship with parents, siblings and grandparents; 4) Able to control anger; 5) Enjoy time together; 6) Sexual attraction; 7) Agreement on moral, ethical and political issues; 8) Agreement on major goals: having a family, religious affiliation, childcare; 9) No addiction to smoking, alcohol, drugs or gambling; 10) No major physical, mental or emotional health problems. [2011] - Isabelle Fox

In some cases, capital gains taxes can be avoided when assets are disposed of. The Capital Gains Exception (CGE) exempts just under $900,000 when qualifying small business corporations are disposed of. On the tax return, 50% of the CGE will be claimed, and this is known as the capital gains deduction. You do have some control over when you sell or otherwise dispose of an asset. Therefore, you have the potential to reduce the marginal tax rate on your investments through purposeful time. E.g. you could reduce your tax burden by disposing of the asset over 2 tax years (half in December, half in January) or by offsetting capital gains in the year with allowable capital losses. [2020] - Evelyn Jacks

An RRSP loan placed as a second mortgage on one of our properties with lots of equity has been the biggest source of renovation funds for us. Usually we can double our money on a renovation-so a $10,000 investment becomes $15,000 to $20,000 in value fairly easily. In other words, even if we pay $1,200 to borrow that $10,000, we usually make at least $100 per month more in rent and add between $5,000 and $10,000 in value from that money, making it a huge return on our investment. [2012] - Ian Szabo