Quotes of the Day

If you want to leave a portion of your assets (whether cash or physical property) to a charity, why not structure it a little differently now, so that you can use the tax credits on your current tax returns, rather than having them apply in a lump sum to your assets? This procedure is a little more complicated but can have major tax benefits, now. The program is called a Charitable Remainder Trust. [2008] - Dwayne Daku

All funds will have management fees, but not all funds will have a load. Management fees can be less than 0.5 percent or more than 2 percent per year. [2009] - James DiGeorgia

A sophisticated business owner and investor would do their best to keep the business as long as possible, have it acquire as many stable assets as possible and then trade the business with as small a tax consequence as possible, while keeping as many of the assets as possible. [2000] - Robert T. Kiyosaki

Age 65 is the age when (a) you pay less to get into the movie theatre or take public transit, (b) your prescription drugs are paid for by the government, and (c) you can start to receive OAS pension. [2020] - Frederick Vettese

Smile if you notice someone cute on the subway, in the elevator in your building, or at your job. If you see this person a second time, you say something like, "it looks like we're on the same schedule. My name is... And you?" Then, follow up with a question, such as "Do you work (or live) in the building? I live (or work) on the seventeenth floor." The socially confident know that they often have to make the first move and be a bit forthcoming. [2004] - Bonnie Jacobson