Quotes of the Day

The ABCDE Method: An "A" task is something that you must do; A "B" task is something that you should do; A "C" task is something that would be nice to do; A "D" task is something that you can and should delegate to others; An "E" task is something that you can and should eliminate as quickly as possible. [2004] - Brian Tracy

When you meet a prospect for the first time, offer your hand, look the prospect directly in the eye, and say, "How do you do?" [2004] - Brian Tracy

To create a regular stream of income, you'll need to convert your RRSP into one of three options: a life annuity (the payments are guaranteed to be paid for life and don't change with fluctuations in markets or interest rates), an annuity certain to age 90 (it pays a constant amount of monthly income until you turn 90) or a RRIF (the most common and practical option for delivering income from RRSP accumulations). When acquiring an annuity with RRSP proceeds, your holdings or investments are sold and the capital is used to purchase the annuity. When creating a RRIF account, existing RRSP investments can remain the same if that's what you wish. Your existing RRSP investments just move "in kind" (as is) into your RRIF account. [2019] - Daryl Diamond

To ensure the best chances of success, owning an interest in all of the world's stock markets is a good idea. [2017] - Andrew Hallam

Investing in a longer-term bond or GIC may produce a better ultimate result if interest rates remain at current low levels; whereas, if rates rise, a series of shorter-term bonds or GICs may ultimately prove more rewarding. GICs are typically issued with maturities of one to five years while bonds usually come with original terms of three to thirty years. [2018] - Larry Bates