Quotes of the Day

There are times that the government does come up with a plan to help certain sectors of the economy, that can be a great opportunity to save on taxes and earn income. This they did in a program called Flow-Through Shares. The risk is that sometimes shares can become worthless. Also, sometimes it takes much longer to bring the product to market than was expected and you have to wait for a long period for a return on your investment. There is also the fact that you cannot sell the shares for a period of 18 to 24 months as dictated in the share structure. The upside is, if your research into the investment was thorough, you could have valuable shares to sell or a nice income stream of dividend income for years to come. [2008] - Dwayne Daku

Sharp corrections tend more often to retrace 61.8% or 50% of the previous wave, particularly when they occur as wave 2 of an impulse wave, wave B of a larger zigzag, or wave X in a multiple zigzag. Sideways corrections tend more often to retrace 38.2% of the previous impulse wave, particularly when they occur as wave 4. [2001] - Robert Prechter

If you are renting to a tenant, your contract should cover hazard reduction and require the tenants to have tenant insurance coverage. As a condition of your tenancy agreement, request a copy of the policy. [2006] - Douglas Gray

If it's been three or more years since the wood flooring was last finished, chances are it's due for a new refinishing. The downside is that all of your furniture usually must be removed for a few days. And the odor of the chemicals used can be quite strong and can linger for several weeks. The result, however, is usually spectacular. The cost is usually not as much as for new carpeting. [2003] - Robert Irwin

There will always be great opportunities to buy a condo unit. The longer you wait, the better your choice of what to buy. [2013] - Dan S. Barnabic