Weekend Reading – Air Canada hotseat, budgets don’t work, $1 M is not enough, and more #moneystuff
Welcome to my latest Weekend Reading edition where I share some of my favourite articles from the week that was across the personal finance and investing blogosphere.
I got around to posting two articles this week:
I posted this case study thanks to a reader question, about looking after an aging parent, who needs to sell her home and move into a retirement home. Lots of comments on this one – check it out.
The holidays are coming and I’m looking forward to connecting with some family and friends this weekend. I hope you have a good one!
See you here next week.
Air Canada was on the hot-seat recently, for having staff that didn’t support customers with lost luggage during travel. Here are some good reminders about luggage, just in case it does or does not get lost:
- Take a picture of your luggage before you take off.
- Make sure your luggage tag or identification is unique. Add a ribbon or some other trinket to make it stand out.
- Attach a tag with your name and phone number.
- Don’t pack valuables that aren’t replaceable.
- Use public platforms to complain.
A reminder under federal law, when an airline loses a passenger’s luggage on an international flight, it can be held liable for damages up to $2,100.
What do you do if you have too much money invested in one stock? Dan Bortolotti has an answer.
Will Amazon ever pay a dividend? I have no idea but like most maturing companies, I wouldn’t bet against it!
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An investor with Mackenzie Financial? Ouch. Toronto-based Mackenzie Financial Corp. is the latest financial services firm to face a proposed class-action lawsuit in connection with the practice of offering mutual funds through discount brokerages that pay trailer commissions. The lawsuit seeks $175 million in damages on behalf of fund investors.