Weekend Reading – Black Friday deals, saving a bundle of money, avoiding the oil and gas industry 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.
Earlier this week, I published this:
Read on to find out how I feel about this but maybe more importantly, what a Certified Financial Planner does about this rule with his clients to secure their retirement.
I have a follow-up post of sorts on this subject planned soon, so make sure you tune in to read that!
You can find many retirement essays and case studies on this page here.
Until next week, all the best and thanks for your readership!
Robb Engen thought of some ways to trick your lizard brain into saving more money. Happen to agree with him – the more you can automate, the better. I’ve been automating my savings for about a decade now and thanks to that boring approach, we’re approaching a 7-figure portfolio in another year or so.
A reader recently asked me – how should I invest once my RRSP and TFSA are full? Great problem to have first of all! Second, I answered that question here.
I can always count on my buddy Stephen Weyman to share shopping deals. Here is his latest when it comes to Black Friday events now through December 3, 2019.
Interesting news from BMO, closing out their line of European ETFs soon. Thoughts on the competitive ETF landscape? Remember friends, when it comes to investing – low-fees coupled with market performance really, really matter!
Simply awesome the number of comments and responses to this post – they have $1.2 M in the bank but no pension plan from their workplace. Do they have enough?
A big thanks to Cut The Crap Investing – a fan of this site and my DIY approach from Day 1 – who has included a bundle of my articles on his site over the last year. Dale recently wondered to me via Twitter, should you avoid our Canadian oil and gas industry? I don’t think so outright but I must disclose I have a bias to pipelines as transport “toll roads” in Canada – I invest in Enbridge (ENB), TC Energy (TRP) and Inter Pipeline (IPL) that combined make up almost 10% of my total portfolio.
Good, honest stuff from Jon Chevreau via Michael James on Money: #FIRE is impossible for reasonable people. Agreed. That’s because people who strive to optimize their money are not “the norm”. They never will be.
This blogger looked forward to share things she would tell her 40-year-old self.
Reader question of the week (adapted for site):
I am an ETF investor who invests primarily in dividend paying index funds. A question that I could not find an answer to.
If I look at the return of the fund does that number include dividends? I always enjoy reading your articles and see a 7-figure portfolio in your future.
Geez, a 7-figure portfolio for us soon? I hope so.
Thanks for the readership and support.
OK, smart stuff, you’re an ETF dividend oriented investor. That means you ride near-market returns and earn cash flow while doing nothing. We should all aspire to that!
Back to your question, for the most part, unless the ETF/fund prospectus says otherwise, it’s always been my understanding that when funds advertise their returns – it is after expenses are accounted for.
Also, when fund performance data is published, the performance (unless otherwise specified again…) reflects the total return – that is – the ETF return is the sum of capital appreciation + dividends + interest.
Hope that helps and happy investing as always!
Partnerships and deals
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