Weekend Reading – Some stocks are suffering, more giveaways and great blogs
Last week was not a good week for a couple of my holdings. Manulife, Canada’s biggest insurer reported a net loss of $0.18 per share compared with a profit of $0.26 per share a year ago. Another big lifeco, Sun Life Financial, reported its second-quarter net profit dove to $0.09 per share from $0.68 per share a year ago. Both companies are fighting hard against low interest rates and a stagnant equity market. I continue to hold these companies but a long, low interest rate environment doesn’t bode well for these companies. Low interest rates might last until 2014, maybe longer. I really hope there are brighter days ahead. Thoughts on these companies folks?
Let’s move on to some positive news and some great giveaways this week.
First up, I hope you didn’t forget mine. I will be giving away a copy of The Beginner’s Guide to Saving and Investing for Canadians. This 100-page gem of a book is divided into five chapters, each written by a contributor with expertise in a specific area. If you follow my blog I’m sure you’ll recognize the names of these experts – all of them are listed in my sidebar. If you haven’t already entered my draw – make sure you do so before the weekend is over. I will be selecting one lucky name at random soon!
Next up, The Web Ninja. If you haven’t heard about this site – check it out. You’ll learn how to manage your site for the better and make more money off it. Better still, if you check out this site soon…you’ll get a chance to win $200 in Amazon prizes! How that’s for an incentive?
Dividend Ninja continues to giveaway stuff this summer! Read about a successful blogger who has achieved her ultimate goal and by visiting Ninja’s site you can win a copy of her book.
Also on the free side of things this week, I found out about a new site: Excessreturn.net. This new site seeks to present high caliber information, tutorials and resources for investors, with articles written by industry professionals from around the globe. This week, there’s a 30+ page ebook for investors to check out. Take free while you can get it!
Lastly, on the giveaway front, Canadian Capitalist is giving away 5 copies of The Beginner’s Guide to Saving and Investing for Canadians. As a contributor to the book, I encourage you to check out his site this week, where Glenn Cooke stopped by and offered a smart post asking folks to reconsider the math regarding buying term insurance and investing the difference.
Here are more great articles from this week – take care – enjoy the weekend!
Read about four dramatic ways retirement has changed since 2008.
Ed Rempel on Million Dollar Journey scoffed at the “death of equities” Bill Gross comment, saying “short term forecasts are always difficult, but long term stock market forecasts can be easy.” Totally agree. Don’t forget it’s in Bill’s best interest to make these “death of equities” claims…he manages the world’s largest bond fund.
Boomer & Echo provided some guidance regarding how much house you can afford.
Invest It Wisely had a guest post about worrying about retirement.
Canadian Personal Finance gave us 40 questions you need to ask yourself before you buy a house.
Sustainable Personal Finance said that old refrigerator may be costing you.
Dan Bortolotti from Canadian Couch Potato announced the second coming of the Perfect Portfolio, a book that was a solid read in the first edition as well.
Modest Money wrote about switching careers.
Passive Income Earner took his kid’s financial lessons a step higher…getting them a bank card.
Vix Money provided an overview of a Corporate Bond Index ETF (ticker: CBO).
Dividend Monk discussed 3 insurance stocks quietly raising dividends. Due to our dirt low interest rates, those definitely aren’t Canadian companies.
Retire Happy Blog questioned are you ready to retire or not? In my 30s, I’m definitely ready to retire just not financially fit enough to do so.
Prairie EcoThrifter talked about building your home food storage supplies without breaking the bank.
Big Cajun Man wondered if you talk to the customer retentions department. Yes I do, with Rogers, all the time!
Beating The Index provides his analysis on Eagle Energy Trust.
Michael James on Money discussed managing the emotional side of your portfolio.
Dividend Mantra is back, and talked about a recent buy, McDonald’s.
Y&T discussed the cost of a family cottage or cabin.Thanks for reading and sharing this article.