Quotes of the Day

The deposit should be made out to your lawyer's trust account whenever possible or, failing that, to your realtor's trust account. I like to provide the deposit in two steps. I provide an initial deposit with the offer, to show that I'm serious, and then the rest of the deposit upon the removal of any of my conditions in the contract (for instance, following an inspection and approval for financing). [2009] - Don R. Campbell

There are some simple tests to determine how biologically old you probably are. The number of push-ups you can do is a good indicator. If you are over 45 and can do more than twenty, you are doing well. The other test of age is the sitting-rising test (SRT). Sit on the floor, bare-footed, with legs crossed. Lean forward quickly and see if you can get up in one move. A young person can. A middle-aged person typically needs to push off with one of their hands. An elderly person often needs to get on to one knee. A study of people 51 to 80 years found that 157 out of 159 people who passed away in 75 months had received less than perfect SRT scores. [2019] - David A. Sinclair

A company's key to competitive advantage is to project forward five years and identify the core competencies and skills it will be need to be a market leader at that time. [2004] - Brian Tracy

Although you can close out your RRSP earlier than the year in which you celebrate your 71st birthday, the best strategy for most people is to leave your RRSP intact for as long as you're allowed. This is almost always the case if you decide to turn it into an RRIF. If you choose to go the annuity route, collapsing your plan a year or two early can make sense. If interest rates are relatively high, closing your plan out early may make sense if it allows you to lock in a higher-than-average return. [2019] - Eric Tyson

It takes the average millionaire 22 years to accumulate a million dollars from the time he gets serious about his financial life. [2004] - Brian Tracy