Quotes of the Day

In some cases, capital gains taxes can be avoided when assets are disposed of. The Capital Gains Exception (CGE) exempts just under $900,000 when qualifying small business corporations are disposed of. On the tax return, 50% of the CGE will be claimed, and this is known as the capital gains deduction. You do have some control over when you sell or otherwise dispose of an asset. Therefore, you have the potential to reduce the marginal tax rate on your investments through purposeful time. E.g. you could reduce your tax burden by disposing of the asset over 2 tax years (half in December, half in January) or by offsetting capital gains in the year with allowable capital losses. [2020] - Evelyn Jacks

Choose high-protein foods from a variety of animal (poultry, meat, fish, eggs, and dairy) and/or plant (seeds, nuts, legumes) sources to both reach your intake target and ensure a balanced ratio of amino acids, which will satisfy the protein appetite most effectively. If you are vegetarian, which is no bad thing, you will need to make greater efforts to eat a variety of foods, given that single plant proteins tend to be less well balanced in their amino acid content than many animal-derived proteins. [2020] - David Raubenheimer

The Law of Correspondence: Your outer world is a reflection of your inner world. [2004] - Brian Tracy

Many investment firms and insurance companies offer something known as target data funds, or TDFs for short. These funds start with a heavy weighting in equities and then slowly increase the weighting in bonds over a period of many years. For instance, a TDF based on retirement in 2055 might have an 85-15 asset mix today. As you get closer to 2055, that mix will slowly change to something like 50-50. The main disadvantage is that TDFs tend to be more expensive than if you try to manage the asset mix yourself using low-cost ETFs. The other disadvantage is that you might think the asset mix in a particular TDF is too conservative. [2021] - Frederick Vettese

Condominium units in the suburbs are usually less expensive. Provided that roadways to schools and downtown areas are accessible and public transit is available, there is nothing wrong with locating outside ritzy and expensive urban centres. [2013] - Dan S. Barnabic