Welcome to my latest Weekend Reading edition, some of the best saving and investing articles from the blogosphere for the week that was. Earlier this week I reminded you about this TurboTax giveaway, your opportunity to win some free online tax filing codes and I shared some more tax tips in the process.
Now that “RRSP season” is in full swing, I listed some RRSP tips and guidance for you and thanks to avid dividend investor and fan of my site, Tawcan, there is an overview about how to invest using ShareOwner.
Thanks for reading and supporting the site – see you here next week when I’ll share my interview with Millionaire Teacher Andrew Hallam.
How To Save Money just launched a free ebook: 5 Simple Tools To Save You Big Money Every Day. Stephen included some good tips in his free ebook, including how to use Ebates and Great Canadian Rebates to earn cash back – check it out.
Fans of my site, the TSI Network, are pleased to offer this discounted subscription to The Successful Investor newsletter to readers. The newsletter highlights top investing considerations for your portfolio, including one of my Canadian dividend paying studs in this post that recently reported a 7% quarterly profit.
This article tells us given current savings rates for many Canadians, some seniors can expect to live in poverty.
This Globe article shared this when it comes to asset location: “I’ve never held a U.S. stock anywhere but in my registered retirement savings plan.” I’ve done the same thing for a few years now as well – you can read about my asset location here.
Tawcan considers the timeless question: how much do you need to retire? We figure this is what we need to “retire well” assuming all debt is gone at the time of retirement of course. Your mileage may vary.
Dividend Growth Investor found ten rewarding stocks.
Looking for short-term, tax-efficient bond exposure? Look at BXF – First Asset’s 1-5 Year Laddered Government Strip Bond Index ETF. There is a glowing review of this ETF here.
This is how the chief actuary at Morneau Shepell invests. “About 70 per cent of my investments are in equities and 30 per cent in fixed income. I wanted to be 60-40 a year ago, but there was no place to invest.” He puts 1/3 of his equities in Canada, just over 1/3 in U.S. equities and the rest in international equities. I just finished reading Fred Vettese’s latest book The Essential Retirement Guide and I’ll giveaway a copy of his book my site in March.
Coca-Cola added more fizz to investor pockets this month, with another dividend increase.
Michael James on Money considered renting in retirement (or not).
Big Cajun Man wrote about spousal RRSPs.
Million Dollar Journey updated his RESP portfolio for readers.
Barry Choi suggests to avoid sitting on your savings.
Steadyhand has some thoughts on what negative interest rates mean. I have my own short take on this: prudent savers are further penalized and borrowers will rejoice since they can go further into debt or leverage. I don’t see how this is a good thing for markets or the economy.