Quotes of the Day

In big cities like Ottawa and Toronto, multi-unit income properties are very hard to come by for under $1 million. However, in many small towns, you can find some for a fraction of the price with actual rents that are not that far off the big-city numbers. Many small towns in Canada are contracting in size and very little money is put into infrastructure. On the other hand, some small towns are still growing, long after their main economic industry changed (e.g. a growing retired population). You have to find a property that's in distress and far from its potential. And then work hard... That's the simple formula. [2021] - Rejean Venne

While housing construction is a key driver, it tends to lag behind any increased demand for housing due to the significant lead time required to build, especially in larger centers where condominium buildings make up the majority of starts. This lag usually results in an eventual oversupply that persists long after the demand for housing dissipates. Therefore, construction levels tend to peak at the end of the boom phase and through at the middle to end of the slump phase. [2011] - Don R. Campbell

In order to receive CPP or QPP disability benefits, you generally must have paid into the CPP or QPP for at least four of the six years leading up to the point at which you became disabled. Your disability must be severe, which means it prevents you from doing not only your former job but also any job on a regular basis, in order to qualify. The disability must also be prolonged, meaning it's expected to last at least a year or be likely to result in death. CPP/QPP disability payments are quite low because they're intended to provide only for the basic, subsistence-level living expenses. [2019] - Eric Tyson

To be true to yourself and be willing to not go along with the crowd. For in the market, it is usually the crowd that show up late and is slaughtered. Wise investors buy an investment when it's not popular. It's all "insider trading." The reason you want to have rich friends who are close to the inside is because that is where the money is made. It's made on information. [1998] - Robert T. Kiyosaki

An individual will always become sleepier the longer she is awake. This drive can temporarily be trumped by increased vigilance or anxiety. This doesn't mean that the individual can't sleep. It may mean that other factors are at play keeping her awake in that moment. Getting into bed and smelling smoke might increase anxiety and keep her awake. Hearing something move under the bed might keep her awake. Feeling really worried that she won't be able to fall asleep may also be a factor. [2017] - W. Chris Winter