Welcome to some fine Weekend Reading friends. The blog was busy this week – I managed to post three articles:
Any big plans for the weekend? Ours include connecting with family and enjoying some downtime from the office. Whatever you are up to – enjoy. See you here next week.
Preet Banerjee did a stellar job with this 0% car financing video – explaining it can cost you more money to take the 0% car financing “deal” from the dealership than taking the cash discount offer, and getting your car loan from somewhere else.
Money We Have shared the pros and cons of Do It Yourself investing.
Million Dollar Journey (MDJ) answered some questions about the Smith Manoeuvre. I’m personally not a big fan of this approach – leveraged investing using the equity in your home using a Home Equity Line of Credit (HELOC), so by borrowing to invest, the interest on the HELOC is tax deductible. It is however hard to argue with MDJ’s discipline and success.
The Blunt Bean Counter continued with his “best of” posts as he improves his golf game. My golf game needs work but it’s getting better.
According this article and recent survey, nearly half of working age Canadians are not saving for retirement. That won’t end well…
Here’s what my friend Som Seif learned from his investing mistakes. Don’t trade to beat the markets, avoid hot stock tips, stop your fear of missing out, and let go of investing regrets (when selling assets) top his list.
Here’s a list of benefits for life insurance. This is the best reason (in my opinion): debt elimination at an important time. “If you have debt, do your loved ones a huge favour and provide them with greater financial security by paying off your debt with life insurance proceeds when you’re gone.”
Financial Uproar shares his approach for buying dividend paying stocks.
A reminder to please vote for yours truly at the Plutus Awards!
John put some time and thought into this calculator – the GTFO of the GTA calculator.
Tawcan shared some financial independence assumptions. Thanks for the mention.