Quotes of the Day

In the long term, bonds don't make as much money as stocks. But they're less volatile, so they can save your account from falling to the bottom of a stock market canyon if the market gods want a heavy laugh. [2017] - Andrew Hallam

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

When you are seated next to a lady and you do not know her, the best opening phrase is something complimentary and neutral. [2006] - Leil Lowndes

You can use free weights for MSTF (Mindful Strength Training to Failure)--but for certain exercises, such as the squat or the bench press, reaching muscular failure while a heavy weight is balanced above you could be hazardous. Whatever load you're moving, it helps to be present to it not as an enemy to be conquered, but as a partner that is helping you into an exploration you couldn't achieve without it. [2021] - Philip Shepherd

Top people are usually willing to help other people who want to succeed. [2004] - Brian Tracy