Quotes of the Day

In practical terms, many municipalities do not enforce the bylaw regulations relating to "illegal suites" if there is a shortage of rental accommodation in the community, or unless a neighbour complains. In most cases you have a right to appeal a decision of your municipality requesting that the tenant vacate your premises. [2006] - Douglas Gray

Regardless of how long the window of opportunity is open, if you are not prepared with education and experience, or extra cash, the opportunity, if it is good, will pass. [2000] - Robert T. Kiyosaki

Use between three and five photos in your gallery. Galleries with more photos are more competitive, but after five they seem to pass a point of saturation and diminishing return. [2013] - Amy Webb

Achieving a goal of just 1 percent per month would put you well ahead of most traders, since the majority of traders lose money. While a goal of 2 percent per month may not sound awe inspiring, if we can achieve it consistently, the annual gain will be just shy of 27 percent—and you’ll have outperformed most mutual funds and hedge funds. If you have successfully achieved your modest goal for three months in a row, raise the goal to the next plateau—from a 1 percent monthly goal to 2 percent, or from 2 percent to 3 percent, and so on. By the time you work your way up to consistent monthly returns of 3 percent and then 4 percent, you’ll be putting up respectable numbers, and you’ll have gained the benefit of months of experience. If you can achieve consistent monthly gains of 5 percent or 6 percent, you will have truly joined the elite. [2007] - Ed Ponsi

We're getting older as a population, which means fewer borrowers and more savers. That's why interest rates are so low and why they're going to stay low. On the other hand, whatever is causing the low interest rates may also cause company earnings to grow more slowly in the future. As a result, the dividends on those stocks might grow more slowly too. If so, stocks may be overvalued after all. I'm inclined to go with a real return on equities of 3.5-4% over the next 30 to 40 years. [2021] - Frederick Vettese