Quotes of the Day

Fibonacci ratios are also useful in predicting how far a market will extend its current trend. This is done by taking the difference between the high and the low of the major move; multiplying it by 1.382 percent, 1.5 percent, and 1.618 percent; and adding it to the low in an up move or subtracting it from the high in a down move. [2003] - Marcel Link

Thanks to the tax treaty between Canada and the U.S., Uncle Sam will refrain from taxing U.S. dividend income received inside an RRSP (or RRIF, for that matter). But that doesn’t extend to TFSAs. You’ll be dinged with a 15 percent tax deducted at source for dividends paid on U.S. stocks held in a TFSA. You don’t have to worry about interest income or capital gains from U.S. stocks, though. The tax treaty guarantees those are only taxable in Canada, which means they’re tax-free in a TFSA. [2021] - Erica Alini

Expected returns should be viewed with a time horizon of at least 20 years. If your target rate of return is 5% or 6%, then a portfolio of 60% stocks probably isn't going to cut it. If you're comfortable with a more aggressive approach, that's fine, but remember that most people over-estimate their risk tolerance. If possible, you should consider increasing your savings rate or giving yourself more time. [2021] - Dan Bortolotti

If you're planning to sell your home within the next six months, then by all means consider replacing front door handles and locks. [2003] - Robert Irwin

Describing your match in a short paragraph (I'm looking for a caring woman who is family-oriented ...) shows that you're serious about meeting someone. This is necessary on all sites but is especially something you should focus on when you're not asked for your digi-date's details later. [2013] - Laurie Davis