Quotes of the Day

Since 1995, people operating strictly as fundamental investors have not done as well as investors who also consider the technical side of the market. Both technical as well as fundamental skills were important to survive the ups and downs of the world of investing. The Wall Street Journal is primarily a paper written for technical investors, and not necessarily for fundamental investors. George Soros is often recognized as one of the best technical investors. [2000] - Robert T. Kiyosaki

Assets in a TFSA grow tax-free indefinitely, and no tax is payable when you eventually make withdrawals. It makes good sense to keep assets with the highest growth potential in a TFSA to take full advantage of this tax shelter: in other words, fill up your TFSA with stocks and keep low-growth assets, such as bonds and GICs, in other account types. [2021] - Dan Bortolotti

The Royal Bank of Canada produces a quarterly report on housing affordability (www.rbc.com/economics). A well-balanced market for investors has a Housing Affordability Index of 33 per cent. Sophisticated investors look for cities and towns in the 25 to 29 range. Towns and cities above 39 per cent are most likely going to under-perform over the long term as they are overpriced relative to the ability for the citizens to afford it. [2013] - Don R. Campbell

Oftentimes, at the beginning of a week, a new trend will emerge. If the trend is strong enough, it can last for several days with virtually no retracement. [2006] - Boris Schlossberg

In addressing personal performance, if there is a problem you are first seeking her agreement that an actual problem exists. Next, ask how she sees the problem and then honestly share your perspective. Depending on the situation, you may need to discuss the consequences for her if there is no change in the situation. A big part of the process is discussing alternate solutions. "How are we going to solve this problem?" Keep an open mind, but the point of the discussion is to arrive at mutually agreeable course of action. This needs to be specific and should spell out expectations, responsibilities, and time lines. Again, write it down. [2004] - Gary Keller