Quotes of the Day

When the housing market is down and it is a buyer's market, I could purchase one home for the same capital needed to mortgage three to four houses with a 25 percent down payment. The positive cash flow from my rental property is very similar whether I purchase one rental property with zero debt versus leveraging my capital to purchase three properties with a 25 percent down payment and a mortgage. The potential that the value of my property will appreciate is three times greater when purchasing three properties from that of purchasing one rental property when the housing market rebounds. [2014] - Michael Munsey

The 2015 Dietary Guidelines Advisory Committee concluded that evidence exists that a dietary pattern higher in vegetables, fruits, and whole grains and lower in red and processed meats, high-fat dairy products, refined grains, sweets, and sugar-sweetened beverages reduces the risk of developing type 2 diabetes. [2018] - Joy Bauer

An Insurance Tax Shelter is a plan issued by a life insurance company that allows you to deposit any amount of money and shelter all of the growth of the investment from income tax. Each insurance company gives their plan its own unique name. The plans are flexible, allowing you to vary the amount of your deposits and choose the type of investments, from GICs to investment fund indexes, with no restriction on foreign content. You can make direct withdrawals, TAX-FREE from the tax-sheltered account, up to the adjusted cost base (ACB) of the plan without incurring any tax. Simply put, the ACB is equal to your deposit less the cost of insurance. Under a special arrangement, you can leverage your account with a bank. This is the real benefit of an Insurance Tax Shelter! The leveraging of your account is what allows the plan to outperform other investment vehicles, because a loan is never taxable! [2007] - David M. Voth

I recommend getting a Skype-In number of Google Voice number that runs via Internet anywhere in the world. These services offer call forwarding, international text messaging, and email notifications. Other options include iPlum and NumberBarn. [2022] - Kristin M. Wilson

When interest rates rise, bond prices fall. When interest rates fall, bond prices rise. In either case, if you hold a bond to the end of its term you will, barring default, get exactly what you paid for. Generally speaking, short-term bonds pay less interest as they are seen as having less risk since your money is tied up for a shorter period of time. Accordingly, long-term bonds are seen as having higher risk and pay more. [2016] - J L Collins