Quotes of the Day

Many of our threats are imaginary. The habits and even obsessions that we develop to keep them away are destructive and undermine our moods constantly. [2009] - Liz Miller

Studies comparing DCA (dollar-cost averaging) and lump-sum investing over various historical periods are quite consistent in their findings: investing all at once tends to come out ahead about two-thirds of the time, which makes sense when you consider DCA only delivers higher returns if stock prices trend downward over the period, and we know stocks go up more often than they fall. [2021] - Dan Bortolotti

If you're having problems getting a fair settlement from the insurer of a policy you bought on our own, try contacting the provincial department that overseas insurance companies or the provincial regulator. You can find the phone number online or possibly in your insurance policy. Hiring a public adjuster who, for a percentage of the payment (typically 5-10 percent), can negotiate with insurers on your behalf is another option. When all else fails and you have a major claim at stake, try contacting a lawyer who specializes in insurance matters. Expect to pay at least $150 per hour. [2019] - Eric Tyson

Before purchasing a condo, you should check the status certificate in areas where this is a package given by the condominium corporation showing the current year's "health" both legal and financial - of the condo. This outlines the reserve fund, checks whether there are any legal issues, and looks at the budget. This is something that a lawyer can assist with and is usually a condition in an offer, as before buying a condo you want to make sure the entire building is healthy as a whole and major changes aren't currently predicted which could impact the current buyer. [2021] - Shazia Virani

Save 10 to 15 percent of your pre-tax income. [2011] - David Chilton