Quotes of the Day

In some cases, capital gains taxes can be avoided when assets are disposed of. The Capital Gains Exception (CGE) exempts just under $900,000 when qualifying small business corporations are disposed of. On the tax return, 50% of the CGE will be claimed, and this is known as the capital gains deduction. You do have some control over when you sell or otherwise dispose of an asset. Therefore, you have the potential to reduce the marginal tax rate on your investments through purposeful time. E.g. you could reduce your tax burden by disposing of the asset over 2 tax years (half in December, half in January) or by offsetting capital gains in the year with allowable capital losses. [2020] - Evelyn Jacks

For online dating, direct calls to action, such as "Message me if you want to know more," convey that you lack confidence. But interaction can be encouraged in other, less obvious ways. Creating intrigue by introducing topics and revealing only enough to whet their digital palate will inspire conversation, as will being specific about what interests you. [2013] - Laurie Davis

The best time to recalculate your stop is when the market reopens for business, after the weekend. This equates to Sunday evening around 5 p.m. U.S. East Coast time. [2010] - Ed Ponsi

Customers will only buy from people they like. We call this the "friendship factor." [2004] - Brian Tracy

There are a few banks out there that offer PLCs (personal line of credit) you may choose to avoid. Here's what to watch out for: a. The bank requires a minimum monthly payment on a secured PLC, made up of a combination of the interest and some principal. A common amount for these payments is 3% of the outstanding balance (as opposed to interest only, which is usually less than 1% per month) . b. The PLC has an annual or monthly fee. c. The bank makes you re-apply for the PLC or package service each year. d. The bank places the PLC interest rate on their "personal loan base rate" (or some other fancy name) which is 0.5% or more above prime. You may think you're getting a prime plus 2% rate, when in fact you're being charged prime plus 2.5%, or even more. [2009] - Don R. Campbell