Weekend Reading – Comparisons bring you down, tyranny of fees and more #money stuff
Welcome to my latest Weekend Reading edition – I hope you had a good week. Mine was hectic at work which made things short on time at home but I did manage to squeak in one post:
Should be a great weekend though…the REDBLACKS have their divisional semi-final game this weekend and I’ll be there cheering them on!
All the best for whatever your plans may entail.
#LestWeForget On the 11th hour of the 11th day of the 11th month, please pause in memory of the thousands of men and women who sacrificed their lives in military service.
Rob Carrick believes higher interest rates will help fix our financial literacy issue. I think he’s partly right. I believe good decisions come down to good behaviours. So, until something nasty happens with the housing market (for one example) to trigger a behavioural shift, people will continue to spend away on their homes largely living beyond their means.
Thanks again to Build Wealth Canada and the host Kornel Szerjber for having me on his podcast. A reminder about our chat – we talked about my investment journey to date and I answered these following questions and many more!
- Why did I decide to be a hybrid investor?
- What is my process for selecting stocks?
- When do I believe is the right time to buy stocks?
- And more and more…
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FIRECracker wrote about something that’s been on my mind for some time – never let comparisons bring you down. Enjoy your own (life’s) journey and you’ll be happier for it.
Ken Kivenko wrote about the tyranny of fees.
It was nice to see Sun Life increase their dividend by 5% this week. Not to be dismissed, Telus and Inter Pipeline increased dividends within our portfolio as well. That’s going to add some juicy dividend income to my growing portfolio!
Here is a listing of the top dividend cuts and raises for October 2017.
Loblaw’s is merging Shoppers Optimum and PC Points Loyalty programs. Under the new program: 10,000 points valued at $10, 20,000 points at $20 and so on to a maximum single transaction redemption of $500. Members can use their reward money at any of Loblaw’s nearly 2,500 stores and the company’s websites.
As another holiday season approaches Stephen Weyman has another huge $1,000 Christmas giveaway underway!
Andrew Hallam wondered if value stocks have slumped for the last 20+ years.