Quotes of the Day

Many real estate companies and CMHC have free surveys on a quarterly or monthly basis, giving average rental prices in specific areas for specific types of properties. You don't want too high a number of rental houses or condos, as that will increase competition and possibly reduce the overall desirability of the neighborhood. [2006] - Douglas Gray

Gold has no counterparty risk. It's inherently valuable, and if you won it, that value is yours. It's immune from government depreciation, corporate misbehavior, wartime disruptions, or whatever. A few other investments have this immunity as well: real estate, for example. But even among these assets, only gold is portable, private, liquid, and eagerly accepted all over the world. [2009] - James DiGeorgia

You may agree to pay an advisor more than he or she asks for, if he or she agrees to wait to be paid until the sales can support the payment. You may add the talent through an advisory board instead of bringing the person on full-time. [2005] - Robert T. Kiyosaki

People with very few social ties have nearly twice the risk of dying from heart disease and are twice as likely to catch colds —— even though they are less likely to have the exposure to germs that comes from frequent social contact. [2010] - Tom Rath

Carry trades usually work best in low-volatility environments. Carry trades need to have a significant interest-rate differential between the two currencies (typically more than 2 percent) to make them attractive. [2007] - Mark Galant