List/Grid Monthly Archives: January 2014

Weekend Reading

Weekend Reading – DRIPs, indexing is no panacea, reality checks and more

Welcome to your Weekend Reading list, where I highlight some of my favourite articles from the week that was, even if they include my own The folks at Questrade asked about my take on DRIPping, so I told them.   Thanks for posting my article. This article said index investing is no panacea for investors.  Indexing does many things right but maybe most importantly its power lies with automation. On that note, Dan Bortolotti offered a reality check for Couch Potatoes:  “There will be periods when indexing feels like the greatest investment ...

2014 Financial Predictions

Just for kicks, because I have no idea what the future holds, I thought I’d share some financial predictions for 2014.  Here they are: The Dow Jones Industrial Average will finish the year at 16,700.  It opened the year around 16,441. The S&P/TSX Composite will finish the year at 14,200.  It opened the year around 13,594. Our Canadian Dollar will finish the year at $0.90 compared to the US Dollar.  It opened the year around $0.94. Other predictions…at some point this year: Fortis (FTS) will increase their dividend. Telus (T) will ...
$1 million

Do you really need $1 million to retire well? Of course you do.

I read an article in The Globe and Mail here that reminded me most experts say you need approximately 75% (or more) of your current salary to maintain that lifestyle in retirement.  I recall the premise of this argument is “a lot of what you’re paying now will hopefully disappear later.” Hopefully disappear indeed… Yes, some costs may disappear in retirement like saving for retirement itself.  Hopefully your mortgage payments are a distant memory when you retire as well – that’s our plan.  However, some costs in your future ...

Cheer up for tax time, tax tips and my TurboTax giveaway

The great folks at TurboTax have given me six (6) codes to use with their TurboTax online software system.  I don’t need all of these this year, maybe you want a code to use? To win one of these online codes you just need to enter my giveaway using the options below.  When commenting or tweeting I encourage you to finish this sentence:   I save on taxes by __________.   Sharing your favourite tax filing tips with me and with others in a comment or tweet will increase your chances to win. I’ll draw the winners at random and if you’re ...
Weekend Reading

Weekend Reading – ETF buyer guide, billion-dollar predictions and more

Welcome to your Weekend Reading list.  Here are some of my favourite articles from the week that was.   I’ll be back next week to discuss how much you might need to retire and giveaway from tax stuff thanks to my friends at TurboTax.  Make sure you come back for your chance to win! Have a great weekend, Mark Check out Rob Carrick’s Global ETF buyer guide here. Warren Buffett is ready to fork out $1 billion if you correctly predict the entire NCAA basketball tournament. Thanks to LSM Insurance for including me in their list of experts ...

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