Quotes of the Day

Life Insurance Tax Shelters (LITS) offer an option that will not only permit your money to grow Tax-Free, but if structured properly, will permit you to access the funds without tax ramifications. Each insurance company has their own name for their unique plan, but the plans basically operate like this. You participate in an insurance plan that also permits you to deposit money into it. The amount deposited can be very flexible and may change as you desire over the years, however, you will always be required to participate in the insurance coverage. Our recommendation is that you subscribe to the lowest "decreasing term" possible. You want your actual insurance premiums to be the lowest necessary to keep the plan active, because you want to take the extra money and deposit it within the plan as an investment. [2008] - Dwayne Daku

Few mineral waters are alkaline, and even tap water may be acidic. As a generalization, the more expensive bottled waters, originating from various regions of the world, seem to be alkaline. Evian is a brand of bottled water and is mildly alkaline, with a pH of 7.2, and Fiji water from the island of Fiji, has a pH of 7.4. People who wake and need a drink during the night, people with a dry mouth, or those who are dehydrated or sick may want to take particular interest in the pH value of the water they are consuming. [2025] - Ellie Phillips

Ordinary income like employment, pension and interest income will attract higher marginal rates of tax than dividends and capital gains. Your after-tax results also depend on your province of residence. This illustration highlights marginal tax rates on various income sources in the province of British Columbia, the best province in the country in which to earn dividend income. In some provinces, you can earn well in excess of $30,000 in dividends before paying any tax. If you choose to earn dividends only from your small business corporation, you'll miss maximizing the CPP and RRSP contribution room you'll build by taking a salary. [2020] - Evelyn Jacks

The clearer, stronger, and more specific the guarantee, the more credibility and impact it will have on a prospect or client. [2000] - Jay Abramham

Most of the time lending institutions don't auction properties unless they feel they can come out better than with a negotiated sale. [2004] - Mike Summey