Weekend Reading – Debt in retirement, an easy way to save $1,300 bucks, getting wealthy eventually and more #moneystuff
Welcome to my first 2019 Weekend Reading edition!
How is your new year so far?
I got back to work this week. The start of my 18th year in the same company. Crazy how time flies.
I got around to posting these articles this week:
These were my 2018 prediction results. Same fails, some wins, but it is fun to try and predict the future.
Do you intend to own debt in retirement? Should you own debt in retirement? It’s not something I plan to do but this retiree has done well with that approach – read more here, how and why.
Have a great weekend folks and best wishes for 2019. A new post is coming soon so stay tuned.
Want some guidance for 2019 investing?
Here’s why the new TFSA contribution limit is totally worth it. (I already contributed to mine – post coming soon!)
Some great lessons and quotes here from Charlie Munger, investing guru but likely better known by others as Warren Buffett’s partner-in-crime. My favourite from the list?
“Keep learning: Be a learning machine. Never stop reading. Be curious. Surround yourself with smart people. Set aside time to read and think.”
Want to save more money in 2019? Sure you do. Here are some super saving tips from super savers.
I also liked PT Money’s 2019 Money Challenge. Save $1 every week and increase it by $1 every week for a year. Sounds simple, and it is, but also very effective. Do it and you’ll have more than $1,300 by December 2019.
In 2019, millennials (and everyone else for that matter….) can get wealthy eventually if they do these five things. By the way, this link includes a FREE ebook on investing.
2019 means better saving and investing choices!
Use this page on my site to own the best low-cost ETFs in 2019. Seriously, less money management fees to other people will mean more cash for you.
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And more reading!
What is the average net worth in Canada by age? Find out here. I know where we stand.
Roadmap2Retire highlighted various blogger stock and ETF picks for 2019. We’ll see how my selection does!
Doug Hoyes shared some debt stats for 2018. I don’t want to be in his statistics and neither do you!
Thanks to a fan of this site and investor advocate Ken Kivenko for sharing this news: ETFs outsold mutual funds in 2018. That trend is likely to continue and accelerate over time, and rightly so, the less you can pay for money management advice the more money you can keep for yourself. It’s that simple.
Want to save money in 2019? Here are 16 ways to save thanks to GenYmoney.