Welcome to your Weekend Reading edition, some of the best articles from the personal finance and investing blogosphere right here. With a new year, there is some new TFSA contribution room, and I shared my thoughts on what to put into this account here. I also made some bold 2016 predictions including who might win The Stanley Cup. Some thoughts about what the markets might do this year is there also…
Enjoy these articles and enjoy your weekend!
As a follow-up to the RBS article last week to “sell everything”, Tom Bradley shared better, more practical advice here: “Broadly diversified portfolios have consistently served Canadian investors well. I’m not talking about ones focused on Canadian financial, real estate and resource stocks, but rather portfolios that hold cash, government and corporate bonds, and small, medium and large companies across a range of industries, geographies and currencies.”
Freedom Thirty Five Blog said this about dividend investing: “It’s a brilliant way to make a reasonable amount of money over a reasonable amount of time”. Agreed, but let’s not forget total return matters, a lot, although I suspect some people focusing on total return right now may not be feeling very good about living off their portfolio value.
Is collecting Air Miles still worth it? How To Save Money has a take.
What to do with $1,000? How should you invest it? Read some considerations here.
Here are some signs you need a better retirement plan if you’re hoping for government programs to save you.
Michael James on Money has a suggestion to waste excess cash.
Husky suspended its dividend recently, not surprising given the oil rout. This was a small hit to my dividend income unfortunately.
U.S. buyers are snapping up cheaper Canadian real estate with our decimated loonie.
Big Cajun Man celebrated #55 recently and recalls “My first mortgage interest rate was 14% and we locked in for 5 years because that was cheap.” How times change.
Golf star Lee Westwood is selling his $11 million dollar home. Nice place!
Making Sense of Cents busted some early retirement myths.