Quotes of the Day

A 10 year fixed mortgage typically carries a rate of around 1% higher than the 5 year fixed. I do think that 10 year fixed terms are not the right choice for most people. It's because nobody expects to break their mortgage mid-term, but it happens all the time, and sometimes we are forced to. [2018] - Paul Meredith

Today, $1 million is just the starting point to beginning to invest like the rich. Forbes magazine defines rich as $1 million in income and $10 million in net worth. [2000] - Robert T. Kiyosaki

Thanks to the tax treaty between Canada and the U.S., Uncle Sam will refrain from taxing U.S. dividend income received inside an RRSP (or RRIF, for that matter). But that doesn’t extend to TFSAs. You’ll be dinged with a 15 percent tax deducted at source for dividends paid on U.S. stocks held in a TFSA. You don’t have to worry about interest income or capital gains from U.S. stocks, though. The tax treaty guarantees those are only taxable in Canada, which means they’re tax-free in a TFSA. [2021] - Erica Alini

Throughout Asia, the shoots of bamboo plants are a popular vegetarian dish that is extremely high in dietary fiber and bioactives. Fresh, raw bamboo shoots harvested from the forest contain small amounts of a toxin related to cyanide. Cooking the shoots by boiling for 10–15 minutes removes most of the toxin. Don’t go foraging in the jungle to find and eat raw bamboo. [2019] - William W Li

Women are much more impressed (or depressed) by a man's clothes and the atmosphere of the places. [2006] - Leil Lowndes