Quotes of the Day

The seven key result areas of selling are prospecting, building rapport, identifying needs, presenting, answering objections, closing the sale, and getting resales and referrals. [2004] - Brian Tracy

In general, people with bed partners report that they sleep better when the partner is present compared to when that person is away. They hold this belief although, when their sleep is measured by electrodes or movement sensors, their sleep is actually better when they sleep alone! [2021] - Judith R. Davidson

If you have a small cavity, the non invasive dentist would advise you about the cavity curing power of cod liver oil. "Take two teaspoons per day, and come back next week." Most cavities can be demineralized by diet alone. [2011] - Ramiel Nagel

It's not enough to compare ETFs solely on the basis of their MER by assuming a fund that is cheaper by 3 or 4 basis points will automatically outperform a competitor by that same amount. An ETF with a slightly higher fee but consistently lower tracking error might turn out to be a better choice. You can usually learn the fund's tracking error by visiting its web page: the major ETF providers (including iShares, Vanguard and BMO) publish both fund returns and benchmark returns (e.g. XUU lagged its benchmark by 1.52% in 2020). You can also find this information in the Management Report of Fund Performance: this document is typically published twice a year, and you can download a copy on the fund provider's website. [2021] - Dan Bortolotti

The lowest risk/no risk customer could receive the prime rate of interest (lowest) from a loan. Higher-risk businesses (a borrower who has few assets, has only recently become employed or is self-employed, or has a spotty credit record) could be paying prime +1% to prime +8%, if they can get any funds at all. [2006] - Douglas Gray