Weekend Reading – You don’t know what you don’t know and great blogs of course
Simply put, you don’t know what you don’t know.
Until something triggers you to dig into something or you get burned, you’re oblivious. I’m talking about active mutual fund management fees. There have been some great articles and blogposts about how badly high mutual fund fees hurt Canadian investors, but John Heinzl’s recent Investor Clinic video cuts to the chase quite nicely. If you only have 1 minute and 46 seconds to learn more about personal finance this weekend, this is my pick of the week.
Over the next couple of weeks, I hope to post a few book reviews. I’ve got a review almost finished about Rob Carrick’s Guide to What’s Good, Bad and Downright Awful in Canadian Investments Today and I had the pleasure of speaking with Dessa Kaspardlov, financial planner and author of The Fireman and the Waitress. Dessa was kind to send me her book for review a short time ago, I read it and I have a few comments to share about it. I hope you stay tuned for that.
Until I get to those posts, or others next week as the mood strikes, here’s a great list of articles to check out this weekend.
Have a great weekend!
Canadian Couch Potato questionned whether you can protect your portfolio from drawdowns.
I thoroughly enjoyed Preet Banerjee’s Mostly Money, Mostly Canadian podcast recently, with guest Dan Bortolotti from Canadian Couch Potato.
Big Cajun Man wondered about the legality of unsolicited credit card cheques.
The Dividend Guy reviewed Aflac.
Dividend Mantra bought Intel.
Million Dollar Journey asked are you ready to be a homeowner?
Young & Thrifty continued her net worth growth.
My University Money wrote about lifestyle inflation.
Financial Highway shared 12 small tips that can lead to significant water bill savings. Nicely done.
Boomer & Echo shared some things to consider upon turning the big 6-0.
The Blunt Bean Counter had a great post entitled A Family Vacation – A memory worth not dying for.
Dividend Ninja provided a solid overview of IGM versus CIX versus AGF financial companies.
Andrew Hallam said you can retire in paradise on a middle-class salary.
Finance Fox asked what income level is rich? My answer: the highest income level
Invest It Wisely had 5 tips to increase your productivity. I think tip # 4 is critically important.
SPF wrote a post about something I do, and from what I’ve read, many others do as well – check out this green tip.
Canadian Oil Stocks wrote about Canuck oil companies riding the boom in New Zealand.
Larry MacDonald commented on a Fraser Institute report that said the Canadian health care system needs reform. Working in the heathcare industry, I agree, more work is needed.
Given today’s small gap between variable rate and fixed rate mortgages, the variable rate mortgage might be dead in the water over the next couple of years.
Balance Junkie reminded us about the power of saying “no”.
Prairie EcoThrifter told us how to save hundreds of dollars per year on your water bill.
Passive Income Earner wrote about high yield stocks. I own a few, but not many since I get nervous when yields are over 6% for a sustained period – there is a risk of a dividend cut. He said, and rightly so “avoid falling for really high yield stocks as it is usually a sign of trouble.”
I provided Michael James on Money with some more content this week, and he did a really great job with his own, discussing debt service ratios based on gross pay. His graphs and narrative tell a good story.Thanks for reading and sharing this article.