Quotes of the Day

U.S. Treasuries are especially attractive in times of turmoil, as they are considered among the safest investments in the world. Another reason for the strength of the greenback was the sudden loss of confidence in many of the currencies of developing nations. These currencies tend to outperform during good economic times and underperform during bad times. [2010] - Ed Ponsi

You don't register a .net domain name to build a business where the .com version of your domain is already hosting a competitor! [2006] - Scott Fox

Historically speaking, real estate price bubbles have occurred when countries have deregulated their finance industry in conjunction with having a favourable tax environment for real estate investment. The bubble ends when a significant correction in real estate values occurs. [2011] - Don R. Campbell

When a person's arms are folded, it usually means his mind is closed. [2004] - Brian Tracy

The interest paid on money borrowed to in TFSAs, RRSPs, RDSPs and RESPs will not be deductible. Opening a home-based business and claiming home office expenses will make your mortgage interest costs partially deductible, or you can borrow against the equity in the home, place investments in non-registered accounts and then write off the interest on the loan. Discuss these options with your tax advisor. [2020] - Evelyn Jacks