Quotes of the Day

There are four ways to profit from real estate. The first is mortgage pay-down. You can rely on your real estate investments to reliably pay down your mortgage. As the mortgage is paid down, your equity goes up. Second is cash flow. Once all of your property expenses have been paid, the money remaining is your cash flow. Third is appreciation. We have incredibly strong historical proof showing that the real estate market rises gently over time. Fourth is forced appreciation. Properties that are renovated to a certain modern standard earn more income. This could be cosmetic and, therefore, lead to higher-quality tenants desiring the property, or it could be structural and, therefore, change the use of the property (from one suite to two, for example). [2017] - Calum Ross

From our perspective on the spouse hunt, we suggest that you spend your money, energy and time on groups where you can see the same people at least once a week or a few times a month. This sensible approach will facilitate and expedite your search for Mr. or Ms. Right. There are many spouse search opportunities that are available: writer training/discussion groups, book reading clubs, cooking training and many kinds of seminars. Remember to attend groups that last at least a few weeks or even months, since it is difficult to do much useful spouse searching on a three-day weekend, no matter how "intense and personal." [2011] - Isabelle Fox

Various Sources of Retirement Income in the Order in which They Are Best Engaged: Government Sources of Income (OAS -> CPP) -> Corporate Sources of Income (Employment Income -> Pensions -> Severance Packages) -> Personal Sources of Income (Taxable Distributions from Non-Registered Assets -> RRSPs -> RRIFs -> TFSA -> Home Equity) [2019] - Daryl Diamond

Some forms of income are not subject to taxation. Gifts or inheritances, life insurance proceeds, personal injury awards and lottery winnings are common examples. Some social benefits such as Workers' Compensation, the Guaranteed Income Supplement, and Spouse's Allowance are not taxable but must be considered in Net Income for the purpose of calculating refundable and non-refundable tax credits. [2019] - Daryl Diamond

Place your orders to buy or sell stocks and ETFs during regular open hours of the exchange on which they trade. Both Toronto Stock Exchange and major US exchanges (such as New York Stock Exchange) are typically open from 9:30am to 4:30pm Eastern Time. [2018] - Larry Bates