Weekend Reading – Canadian family net worth, money mistakes, desert hermits and more
Welcome to my latest Weekend Reading edition. Ready for Christmas yet? We’re not – but getting there!
Earlier this week, I wrote about this stock that has appreciated almost 100% since I started buying it. A nice win. I hope the run continues in 2018.
I also have this giveaway underway for the next couple of weeks so do enter and share this giveaway with a friend!
Good luck with your holiday shopping and other plans and we’ll see you here next week. Hopefully I’ll get to my latest dividend income update in a few days (and maybe a few other thoughts to post as well).
CBC profiled this study – the median net worth of Canadian families was $295,100 in 2016, a jump of nearly 15% from four years ago and almost double the 1999 level.
Here are 26 money mistakes to avoid from iSaved5k.
Millionaire Teacher Andrew Hallam recently shared some time with a desert hermit – who has found the secret to happiness.
Boomer & Echo wrote about the illusion of wealth. I’m under no illusions that I still have a lot of debt to dig out of.
Stephen Weyman wondered about the future of bitcoin. I’m still not buying any. Fear of missing out? Nah.
Here are 6 big mistakes retirees make with their investments. I found the author’s comments about the poor use of TFSAs interesting. I find it hard to believe that retirees don’t know they can use the TFSA to shelter future income tax-free; whether they are drawing down their assets or otherwise. Here’s what I put inside my TFSA.
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Using my promo code with BMO, I can save you a few hundred bucks when you open your BMO InvestorLine account.
Other reading materials for your weekend:
Passive investing giant Vanguard is getting into the active management space. “Vanguard Group Inc. …said it will offer six actively managed exchange-traded funds aimed at giving investors exposure to specific factors like low volatility or liquidity, increasing competition in the nascent investment product area.” Or, reading between the lines, simply more ways to make more money even if they are good products.
Married with Money does not regret failing to save for retirement as a 20-something.