Welcome to my latest Weekend Reading edition. I hope you had a great week. Here are my articles from the past week:
This post outlined Sure Dividend’s favourite Canadian dividend stocks (as well as my own).
I wondered who wants to be a millionaire?
See you here next week where I hope to post my (delayed) dividend income update!
Millennial Revolution said budgets suck. Do this instead. Personally I think there is a better way to budget – we forgo a detailed budgeting process because we’ve purposely put as many “pay yourself first expenses” and “save first, spend later expenses” ahead of other things. This means after we pay ourselves first we have no remorse and spend whatever we want from there.
How are you going to save or borrow money differently now that interest rates are climbing again, finally? This is our plan for higher interest rates.
ESI Money provided a few ways to save more money in Part 2 of that series here.
Looking for a few dozen safer Canadian stocks to invest in that pay out juicy dividends? Count me in. Norm Rothery has you covered.
Tawcan posted his dividend income update and mid-year review. Like I mentioned above I have to post my June update soon – stay tuned. In the meantime, check out our progress from this report.
My friend Kyle Prevost posted an article about DIY index investing vs. Robo Advisors on one of my favourite sites for savings and deals: HowToSaveMoney.ca. I largely agree with Kyle. For investors that are worried, scared and/or need some extra coaching to get started or stay invested in a low-cost, diversified fee structure I think Robo Advisors can absolutely help. Check out my post for how you can train your investing brain with some help from a leading Canadian Robo Advisor firm here. You can start investing with them using $1,000 of their money.
Ben Carlson shared some thoughts on the FIRE (Financial Independence Retire Early) movement. Like Ben, we feel: “Specific financial goals come and go over the years as your life invariably changes and throws you some curve balls.” While we feel age 50 is a good stretch target for our semi-retirement FIRE remains something I’m curious about.