Welcome to another Weekend Reading edition! This week I provided a review about this book for 20-somethings and I shared my investing mistake to buy and hold TransAlta. I’ll hold the stock for now but for how long, who knows…
Oh, and just a reminder, you have a few more hours to enter this giveaway on my site.
Enjoy the articles that follow and have a great weekend.
A Financial Post article said there are times to borrow to invest, like now. I agree but ONLY if you have a healthy income surplus every month and very little debt. Otherwise, I feel this is a form of gambling since so many factors associated with leveraged investing are out of your control.
I read house prices will rise another 5% this year. I can’t imagine that will occur everywhere. Who on earth is buying all these homes at these prices anyhow?
Larry MacDonald profiled this investor who invests in companies people hate.
Dan Bortolotti encourages the bond bears to admit they were wrong.
Investing guru Rick Ferri said investing philosophy trumps all: “Have a sound investment philosophy before trying to create an investment strategy. Your core beliefs about investing should drive strategy and also keep you disciplined in difficult markets.” I recall I wrote something similar here.
Dividend Mantra saved over 70% of his income last month. That’s crazy good.
A Wealth of Common Sense said there is no perfect portfolio, only in hindsight there is.
Jason Heath provided some advice to this couple regarding investment fees.
Here is an excellent article about LIFs and RRIFs from Jim Yih.
Krystal Yee asked how much you spend on groceries.
Big Cajun Man wrote about a credit card transfer trick, namely paying it off.
How To Save Money had a monster post about price matching policies at various Canadian retailers.
Boomer & Echo looked at the RRSP vs. Mortgage paydown debate.
Michael James on Money wrote about target-benefit pension plans, an interesting concept that’s largely a hybrid between defined benefit and defined contribution pension plans.