Quotes of the Day

My recommendation is a little more heavily weighted toward equities than the average target date fund (TDF). It's based on the fact that interest rates are so low right now that the prospects of a decent return on bonds are very slim. If bond yields make a strong upward move in the coming years, then it should make sense to increase your weighting in bonds, but only after that upward move has happened. [2021] - Frederick Vettese

Loyalty is earned with friendliness, responsiveness, ease of doing business, fair value, and the good feeling customers get when they call you, visit you, or interact with you. [2005] - Jeffrey Gitomer

While bonds are clearly less volatile than stocks, they can still lose value during periods of rising interest rates. That's why conservative investors also look to savings accents and GICs for safety. It's true you won't lose your principal with these investments, but even they're not without risk. The silent killers of all investment returns are inflation and taxes, which can reduce the real return on "safe" investments to zero, or even turn them negative. [2021] - Dan Bortolotti

An 8 percent interest rate is a fair measure of safety notwithstanding that prevailing mortgage rates may be much lower. Low interest rates are a desperate move on the part of the government to keep the economy afloat and are not going to last forever. I have been observing real estate trends for over four decades and have witnessed interest rates on first mortgages fluctuate anywhere from 3 percent to 18 percent. In fact, there were long periods when they lingered in the 8 to 10 percent rage. [2013] - Dan S. Barnabic

Non-traditional lenders with a solid track record are worth considering, especially if it means paying down your mortgage sooner. [2017] - Sean Cooper