Quotes of the Day

The Law of Correspondence: Your outer world is a reflection of your inner world. [2004] - Brian Tracy

I don’t recommend ever doubling your size. It is safer to increase size when you are going from three contracts to four or from ten to twelve. [2003] - Marcel Link

If I was in a high-income bracket and had maxed out on my contributions to RRSPs and TFSAs, but I still wanted to invest more, real estate might be the way to do it. It's more tax-effective than some types of investment. Also, it would be a good way to take advantage of low interest rates. [2021] - Frederick Vettese

Frailty is defined as having at least 3 of the following 5 criteria: weakness (as measured by grip strength), unintentional weight loss (of 10 pounds or 5% of body weight in the past year), exhaustion (self-reported), slow walking speed (based on the time to walk 15 feet), and low physically activity. Individuals meeting 1 or 2 of the criteria are classified as "pre-frail." About 1 in 40 are frail by age 65, 1 in 4 after age 75, and 1 in 3 of those older than 85. [2023] - Michael Greger

A strategy I often employ after a sharp rise is to take profits on part of my position and leave the rest open. It’s a particularly useful strategy after a really sharp rise, because quite often a sharp rise is followed by a sharp fall, so it can make sense to hedge your bets by taking profits on a portion of your trade. [2019] - Glen Goodman