Weekend Reading – Thanksgiving edition

Protests in Greece.  Protests on Wall Street.   Jim Flaherty pointing fingers at the Eurozone.   The Chairman of the U.S. Federal Reserve (Ben Bernanke) revealing “the recovery is close to faltering” in the U.S.

None of this is good news.  Not much thanks going around for some people this weekend.

It seems like every day, the markets and investors are reacting to every piece of financial news.  Unfortunately I think things will get worse before they get better.   Recently, to get the attention of the U.S. government a group called “Occupy Wall Street” decided to camp out on, well, Wall Street.  I’ve read some news articles that this is just an over-sized yoga camp.   Maybe it’s an extra-long and well hungover frosh party.   A more plausible explanation of this group is, from its website, a “leaderless resistance movement” meant to protest the concentration of wealth at the top of society — the “99 percent” standing up against the “1 percent.”   What exactly the protestors are asking for is far from clear but it appears they at least want some exposure, they want to thankful for something, not left feeling thankless by big banks and corporate America.  Can’t blame them really.  Not doubt we’re in volatile times.   I guess that’s why I feel extra thankful this weekend for what we have in Canada and in our lives.  We have financial and political stability that many of us take for granted.  My wife and I are fortunate to have our health.  We’re fortunate to have our jobs.  We have an amazing family.  We have dear and caring friends.   Lots to be thankful for – this weekend and far beyond.

Enough talk of financial stuff for a few days folks.  It’s time to give thanks for all the goodness in our lives.

Make it a habit to tell people thank you. To express your appreciation, sincerely and without the expectation of anything in return. Truly appreciate those around you, and you’ll soon find many others around you. Truly appreciate life, and you’ll find that you have more of it.

Ralph Marston, Author and publisher of The Daily Motivator.

Here is a long list of articles for your long Thanksgiving weekend.

Stay safe, happy and healthy.   Thanks for reading!

Along with The Dividend Guy, the following bloggers discussed and explained their portfolios as part of the Dividend Growth Index:

Dividend Growth Investor

Dividend Mantra

Dividend Ninja

Dividend Monk

The Wealthy Canadian 

In other personal finance and investing news…

Nelson is in no hurry to pay off his mortgage; read more about his guest post over at Canadian Finance Blog.

The Financial Blogger told us some things about blogging that most of us forget.

Retire Happy Blog told us how to become a millionaire by 35. 

The Wealthy Canadian gave us tons of examples how to get serious about saving.  He’s practicing what he preaches, learn more about that here.   TWC also provided readers with a killer review of Dave Chilton’s The Wealthy Barber Returns.

Div-NET provided a review of Johnson & Johnson. 

Mich from Beating The Index gave us some perspectives about Argentina’s emerging shale oil and gas play.

Million Dollar Journey provided his stock pick performance as part of a stock contest with other bloggers.   His top picks were Visa, Royal Bank, Husky and Encana.   Money Smarts Blog also did the same.   And Preet Banerjee.   Oh yes, and The Financial Blogger.   Don’t forget Mich!

Michael James said don’t fooled by Sears Financial no interest with minimum payments offer.

Young & Thrifty offered some house hunting tips using a dual-agency realtor.

Krystal Yee provided everyone with her October goals.

My University Money reviewed “The Big Short” by M. Lewis.  This is a  book I’d like to read.  Maybe I’ll find it under the Christmas tree?

The Big Cajun Man discussed numbers, debt and weight loss.

Boomer & Echo gave us 7 steps to stop the cycle of car payments.

Kevin from Invest It Wisely said to never give up as part of life’s journey, one of his lessons learned thus far.  Great post Kevin!   He also had a guest post entitled Why Are Gold Price Skyrocketing?

Canadian Capitalist provided an update on his Sleepy Portfolio.

Balance Junkie released her 20 cents from September 2011.  Thanks for including me Kim.

Andrew Hallam wrote about the toughest part of being a financial advisor.  Go easy on the advisors Andrew!

101 Centavos shared a travel log from his trip to Italy.  I miss that country; it was quite an experience for us when we went there on vacation 3 years ago.

The Passive Income Earner shared his dividend income for September.  Pretty darn good stuff!

Cameron Passmore from PWL Capital, Ottawa, discussed the thesis – should only invest in high-quality dividend-paying shares since you get paid while you wait – does the academic evidence support such beliefs?   A good 15-minute audio to check out.

Dividend Mantra released his freedom fund update for October 2011.

Again, have a safe, happy and healthy Thanksgiving weekend.  Chat with you in a few short days!


Mark Seed is the founder, editor and owner of My Own Advisor. As my own financial advisor, I've grown our portfolio from $100,000 to well over $500,000. Our next big goal is to own a $1 million investment portfolio for an early retirement. Come follow my saving and investing journey by subscribing to my site. Delivered by Subscribe Here to My Own Advisor

22 Responses to "Weekend Reading – Thanksgiving edition"

  1. Hi MOA,

    You’re absolutely right in that we have so much to be thankful for. David Chilton’s book has an awesome section dedicated to how good Canadians have it when he says:

    “Don’t take it for granted. It’s mind-boggling but true that the average Canadian lives a much better life than did the kings and queens of wealthy empires just decades ago. That’s decades, not centuries.”

    Thanks again for the mentions and have a happy Thanksgiving with friends and family.

    Health & happiness!

  2. Hey MoA,

    I agree that thanksgiving weekend is a time to kick your feet up, relax, and downshift your life for a few days.

    The markets will work themselves out, like they always do, and on Tuesday morning, we’ll all come back to the table with fresh, turkey-fueled eyes.

    I’m going to enjoy my weekend, and my feast, and not give a care to my brokerage, or the market in general!

    Happy thanksgiving,

  3. It sure does seem like investors have itchy trigger fingers these days doesn’t it? Who can blame them, I guess. There’s a lot of uncertainty out there. I’m with you. I think there’s a good chance things could get worse before they get better – but they will get better.

    I’m very thankful for the beautiful fall/summer weather this weekend. Happy Thanksgiving Mark! 🙂

  4. You said it right. It’s definitely volatile times right now. It’s getting very tense inside and outside the markets. As you said, it’s hard to blame people for being upset about the way things are being handled.

    Thanks for the mention! Have a great weekend Mark.

  5. Hi Mark,

    Word on the street is that we’ll see a repeat in 2008 in 3 to 4 weeks. I have no idea if that will actually happen or not, but the optimistic way of looking at things is that maybe this will lead to the end of money monopolization and to a healthier economic order. Well, we’ll see. 🙂

    Thanks for the inclusions, and hope you have a great Thanksgiving!


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