Quotes of the Day

When you sell, you break rapport, but when you educate, you build it. Sales is all about building rapport, not breaking it. [2007] - Chet Holmes

Articles about personal fiance often trumpet the better long-term returns attained in the stock market than in the real estate market. One such article stated that real estate earned 5.5 percent annually over a thirty-year period, while the benchmark TSX earned 8.5 percent. I don't dispute the numbers, but articles of this type usually leave out the fact that real estate allows you to invest five times more money. So rather than earning 5.5 percent over thirty years, the smart real estate investor would have earned 27.5 percent (5.5 x 5). [2017] - Calum Ross

The Sauder School of Business is a great source of up-to-date information on population and demographic trends across Canada. The Canadian Mortgage and Housing Corporation also regularly updates its website with current information on population and demographic information for would-be buyers. In large cities, such as Toronto, Montreal and Vancouver, population appears to grow very slowly if one only looks at percentages, but the actual numbers are in fact consistently high. In these cities, this means that population growth typically exceeds the total building capacity that can be delivered, thus causing prices to appreciate significantly as demand far outpaces supply. [2012] - Brian Persaud

The clinical name of throatburn reflux is laryngopharyngeal reflux (LPR). Throatburn Reflux Symptoms: • Hoarseness • Frequent throat clearing • Acidic taste in the mouth: acid regurgitation from the stomach can literally bring an acidic taste all the way into the mouth • Globus sensation: feeling a lump in the throat or that something is stuck in the throat • Trouble swallowing • Chronic cough • Aspiration: food or saliva or any other material going into lungs • Waking up at night due to burning in the throat • Waking up at night with a choking sensation • Excessive mucus in the throat [2017] - Jonathan Aviv

Some investors own international bond ETFs that are priced in US dollars. If the US dollar rises against other currencies, the price of such a bond ETF will show an exaggerated loss. For an American investor, that loss could be real. After all, if they plan to retire in the United States, they'll pay future bills in US dollars. As such, if they buy an international bond market index, they would be taking a currency risk. But for a non‐American investor, that loss isn't real. Always remember that the listed currency of an ETF is irrelevant. [2018] - Andrew Hallam