Welcome to some Weekend Reading folks, and thanks for the great feedback on the site recently from readers, it is very much appreciated. I’ve recently topped 3,000 Followers on Twitter and we’re getting close to averaging 55,000 pageviews per month on this site, so again, thanks for the support and sharing this site with others.
Earlier this week I answered some questions investors simply don’t ask themselves and I nailed a few predictions year-to-date in this financial predictions update.
Enjoy these great articles from the week that was and I’ll be back next week with more cool articles.
Chantal Marr shared what your life insurance broker may not be telling you.
Larry MacDonald has launched his own site and provides an update on the One-Minute Portfolio here. There is beauty in simplicity for this portfolio.
Garth Turner weighed in (again) on the perfect storm brewing for Canadian real estate. Garth wrote: “It sure looks like the perfect storm for real estate. But will most people just ignore the risk, borrow their brains out and be motivated by their house lust? That’s a rhetorical flourish. Of course they will. And you can be sure no political leader will have the stones to caution them, pointing out that when debt rises but incomes don’t it’s a sure bet families are living beyond their means.”
Landlord Rescue challenged mainstream media on their claims Toronto’s condo market has barely any vacancies.
Cait wrote about the importance of slowing down. An excellent read.
The guys at My University Money had Robert Brown as a guest, author of Wealthing Like Rabbits.
Michael James on Money provided a glowing review of Carl Richard’s new book, The One-Page Financial Plan.
Retire Happy wrote about pension mistakes. I think the biggest one is not participating in one if you have the option to do so.
Boomer & Echo helped us with managing RRSP and RRIF withdrawals.
Roadmap2Retire provided his passive income update.
Modest Money shared a review about HostGator.
Congratulations to Big Cajun Man on 10 years of blogging proficiency.
The Globe and Mail said some investors are in for some “sticker shock” when new fee disclosure rules come into effect, as they realize how much they are paying for active fund money management.
Mark
My name is Mark Seed - the founder, editor and owner of My Own Advisor. As my own DIY financial advisor, I've surpassed my goal and now investing beyond the 7-figure portfolio to start semi-retirement with. Find out how, what I did, and what you can learn to tailor your own financial independence path. Join the newsletter read by thousands each day, always FREE.
Excellent reading for this beautiful sunny Sunday morning!
Thanks for sharing Mark.
BSR
Enjoy!
Thanks for sharing this week’s post, Mark! I’m scared to go read Garth Turner’s. Well, actually, I’m just scared of the Toronto housing market as a whole, right now. It’s already too expensive for me to buy (as a single person) in Vancouver, so I’ve given up on that idea for now. But the speed at which prices are going up in Toronto is… not sustainable, to say the least. People should do a lot of homework, before getting into that market.
Have a great weekend!
Cait, that TO market is an absolute mess. I really don’t understand how some folks can afford to live there. The speed at which prices are rising is nuts. It makes me reflect how thankful I’ll be when the house is paid off. Then, I won’t care about rates 🙂
All the best and stay in touch.
I hear both of you! I guess the only way for a single guy like me to afford a home in the Big Smoke is to work like a crazy person 80 hours a week. At least it will be worth it when I’ll be mortgage-free by November (that is if I don’t go crazy from all this work!)
Good luck on your goals Sean, sounds like you’re working hard.
Thanks for the mention, Mark.
R2R
All the best!
I guess if Garth Turner keeps predicting a housing crash, he’ll eventually be right one day. Thanks for the mention.
A clock is right twice a day I guess. Garth will be correct eventually. Have a great weekend.
Thank you good sir, for your kind words. Whether I can keep going for another 10 remains to be seen, but for now, thank you for the support over the years.
You’re welcome BCM but you do all the work. Best wishes.