Quotes of the Day

Bonds have historically returned almost 5% annually, according to the data from Credit Suisse. It's hard to see how an investor could expect that to continue in the foreseeable future, with high-quality bonds in many countries yielding less than 1%. One place to look for a realistic estimate of future returns for bonds is to invest the web page of an ETF that tracks the overall Canadian bond market, such as the Vanguard Canadian Aggregate Bond Index ETF (VAB). Look for the fund's "yield to maturity": this is the total return you should expect if interest rates don't change. [2021] - Dan Bortolotti

Bitter melon (aka balsam pear) contains a polypeptide that helps regulate blood sugar. [2009] - Frances Sheridan Goulart

If your business is successful, when selling the business you can claim up to $750,000 as capital gains exemption, which moves that amount into your personal hands without tax ramifications. If you are doubly fortunate in that your marriage survived the venture and your wife was a partner in it, you can double that $750,000 to $1.5 million. [2008] - Dwayne Daku

MoneySense magazine's founding editor, Ian MaGugan, won a Canadian National Magazine Award for an article adapting the couch potato strategy for Canadians. His method was simple. An investor splits money evenly between a US stock market index, a Canadian stock market index, and a bond market index. At the end of the calendar year, the investor simply rebalance the portfolio back to the original allocation. If the US stock market index did better than the Canadian index, then the investor would sell some of the US index to even things out with the Canadian index. If the bond index beat both stock indexes, then some of the bond index would be sold to buy some of the Canadian and US stock market indexes. Of course, if you're making monthly contributions to the account, you could rebalance monthly by simply buying the laggard--to keep your allocation evenly split three ways. [2017] - Andrew Hallam

The Law of Subconscious activity: Your subconscious mind accepts any thought, plan, or goal created by the conscious mind and then organizes your thoughts and behaviors to bring that goal into reality. [2004] - Brian Tracy