Weekend Reading – Eating your own cooking, promo codes for investing, wealth-killers and more

Weekend Reading – Eating your own cooking, promo codes for investing, wealth-killers and more

Welcome to my latest Weekend Reading edition where I share some of my favourite articles from the personal finance and investing blogosphere.

Amongst some late nights at work to wrap up a project within the month, my final round of men’s night golf (where we shot -9 (63) in a four-man scramble), and running some errands, I managed to squeeze in this post:

My latest dividend income update whereby I calculated we’re ~ 56% “there” to our early retirement goal.

Slowwww and steady we roll.

Any big plans for your Thanksgiving weekend?  We’re looking forward to some downtime and seeing family.  I hope you have an enjoyable weekend too.

See you here next week where I intend to link to a MacBook giveaway!

Mark

Passive Canadian Income shared his dividend income update.  He has a year-end goal of earning $15,000 per year in dividends.  Wouldn’t that be great?  I hope he nails it.  He eats his own cooking by investing what he writes about!

Don’t forget about my Beat The Bank giveaway – enter in the next few hours to win a copy!

Partnerships and Deals!

Thanks to my passion for personal finance and investing, some great companies reach out to me and provide reader offers. I’m happy to share those below from my Deals page:

Happy investing!

My name is Mark Seed and I'm the founder, editor and owner of My Own Advisor. As my own DIY financial advisor, I've surpassed my goal and I'm 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. Follow me on Twitter @myownadvisor.

10 Responses to "Weekend Reading – Eating your own cooking, promo codes for investing, wealth-killers and more"

  1. Wrong again!.
    But if one is selling the high ones each month then Capital Gains will occur. Wonder what they’ll do if the markets drop, then there would be Losses and they would have to wait 30 days to re-buy
    “The 30-day rule in the stock market – commonly referred to as the “wash sale” rule – affects the taxable gains and losses on stocks you sell. The purpose of the rule is to prevent you from selling stock for a tax loss and buying it right back. An understanding of the aspects of the wash sale rule will prevent you from unintentionally running afoul of it and increasing your income tax bill.”

    Reply
    1. Not yet mortgage free Passive. Hopefully in another 5 years. Our two major financial goals by age 50 are to be 1) debt-free/mortgage-free and 2) own the $1 M portfolio to start drawing from for semi-retirement/part-time work. Fingers crossed!

      You? What are your big money goals?

      Reply
  2. Hamilton 6 Cdn Bank fund.
    Each month they will re-balance (buy & sell?) and put 80% in the most expensive (oversold) and 20% in the under-sold. Sounds backwards to me, as the undersold might have dropped in price and therefore provide a higher yield.
    Agree, just buy the banks stocks you like and hold for the growing income, without paying any fees or re-balancing.

    Reply
    1. I thought oversold should mean cheapest? For example, BNS is definitely oversold right now.

      The only one I am missing is NA. On my buying list. Looks like they think right now TD is among the oversold ones? How so? I feel TD is pretty expensive right now.

      Reply

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