Quotes of the Day

An Insurance Tax Shelter is a plan issued by a life insurance company that allows you to deposit any amount of money and shelter all of the growth of the investment from income tax. Each insurance company gives their plan its own unique name. The plans are flexible, allowing you to vary the amount of your deposits and choose the type of investments, from GICs to investment fund indexes, with no restriction on foreign content. You can make direct withdrawals, TAX-FREE from the tax-sheltered account, up to the adjusted cost base (ACB) of the plan without incurring any tax. Simply put, the ACB is equal to your deposit less the cost of insurance. Under a special arrangement, you can leverage your account with a bank. This is the real benefit of an Insurance Tax Shelter! The leveraging of your account is what allows the plan to outperform other investment vehicles, because a loan is never taxable! [2007] - David M. Voth

A regular, reliable source of vitamin B12 is critical for anyone eating a plant-based diet. For adults under age 65, the easiest way to get B12 is to take at least one 2,500 mcg supplement each week. If you'd rather get into the habit of taking it daily, the once-a-day dosing is 250 mcg. Note that these doses are specific to cyanocobalamin, the preferred supplement form of vitamin B12, as there is insufficient evidence to support the efficacy of the other forms, like methylcobalamin. For those over 65 who eat plant-based diets, the supplementation should probably be increased up to 1,000 mcg of cyanocobalamin each day. [2015] - Michael Greger

Units located in the vicinity of power lines and busy roadways or railway tracks are less desirable and therefore more difficult to resell. The same is true of units that were bought without a parking space or without an option to by one. Units with nine-foot ceilings are much more attractive than ones with lower ceilings. The view from the unit is equally important. A unit facing another building across the street will fetch a lower price than one with a clear view of open spaces. [2013] - Dan S. Barnabic

The most obvious sign of oversupply can be detected by looking at the overall numbers of rental units in any given condominium complex. More than 30 percent of the units rented out or put up for sale is a fair warning to buyers of an oversupply of units. Conversely, if real estate agents are flooded with listings and many For Sale signs appear on front lawns, there is oversupply. It's a buyers' market. [2013] - Dan S. Barnabic

Including the utilities in the rent provides the convenience to your tenants in many ways. One, they don't need to set up their own hydro and gas accounts when they move in. Second, tenants don't need to worry about how much gas or electricity they're going to use. Include internet and TV into the monthly rent as well. [2015] - Gary Wong