Quotes of the Day

Should I take my Canada Pension benefit early or wait until I'm 65? The first rule in layering your income: Use the least tax-efficient and least-flexible sources of income first. The CPP follows right behind OAS in that regard. If you're retired, my recommendation is usually to start it as soon as you can. You should take the CPP payment rather than use your own personal assets to generate income. The cumulative sum of payments for a retiree starting his or her CPP at age 60 equals the total received by someone starting at age 65 at age 73.9. It works the same way here with early versus deferred pension payments. Including the time-value adjustment of those earlier payments would move the crossover closer to age 77. [2019] - Daryl Diamond

The rich can buy at very low prices as well as in volume. That is one of the reasons why the rich get richer. [2000] - Robert T. Kiyosaki

If you find something difficult to do, there's a company you can build to help solve that problem. If there's an industry, hobby, or community that you know well, you should examine the inconveniences facing that community or its customers that hinder its growth. Each of those obstacles could be a business opportunity waiting to be solved. [2006] - Scott Fox

Every magazine will let you send direct mail to their subscribers. [2007] - Chet Holmes

The Law of Cause and Effect: For every cause, there is an effect. Everything happens for a reason. Nothing happens by accident. If you do what other successful people do, you will eventually get the same results that they do. [2004] - Brian Tracy