Quotes of the Day

Sleep restriction is an integral part of cognitive behavioral therapy (CBT-I). Patients may need to temporarily spend less time in bed. [2017] - W. Chris Winter

I'm a strong believer that people should commerce income from their government benefits as soon as they can. I'm listing OAS as the first layer of income. We have a potential exception: If you expect to have a level of taxable income after age 65 that would meaningfully reduce or even eliminate your OAS entitlement, then defer commencement of this benefit. If you delay receiving your OAS pension, your monthly pension payment will be increased by 0.6% for every month you defer it. The maximum deferral is to age 70, at which time you would be entitled to a payment equal to 136% of the benefit for a recipient age 65.  [2019] - Daryl Diamond

The value of a bond generally moves in the opposite direction of the change in interest rates. For example, if you're holding a bond issued at 5 percent and rates on similar bonds increase to 7 percent, your 5 percent bond will decrease in value. (Why would anyone want to buy your bond at the price you paid if it yields just 5 percent and 7 percent can be obtained elsewhere?) [2019] - Eric Tyson

Even a simple imaginary exercise can change your mood: Close your eyes, and take yourself back to your last holiday where there was a lovely warm sun, beautiful sea, relaxed beach and fun meals in the evenings. Open your eyes and consider how you feel now. [2009] - Liz Miller

The more conservative you are, the more gold you should own. If preservation of capital is the goal, then you should own physical gold for liquidity, along with investments in the shares of unhedged majors and/or the mutual funds that own them. More-aggressive investors can hold mining stocks with greater leverage, along with silver, foreign bond funds, and mutual funds specializing in U.S.-based resource and manufacturing companies. And the most adventurous should focus on smaller miners, the shares of U.S.-based manufacturers, gold-based derivatives, and short positions in financial stocks. [2004] - James Turk