Welcome to my latest Weekend Reading edition. I hope you had a great week.
Here are my articles from this week:
Check out my review and book giveaway: The Ten Roads to Riches.
Enjoy these articles I found interesting and best wishes for the weekend – see you here again next week.
This article questions whether index funds are evil. I personally don’t think so but you can be the judge!
Surprise! B.C. household affordability is a laughing stock. According to this article, one prominent Canadian bank has estimated that paying down a mortgage in the Vancouver area would take up 79.7 per cent of household income, according to its most recent affordability index.
My friend Stephen Weyman has a new site up and running (CreditCardGenius) – helping you compare credit cards to find the best fit for you.
Interesting to read this list of top personal finance books according to many financial bloggers. Thanks for including me and my book suggestions in your list! Other books I’ve learned from are listed here.
On the subject of mentions I want to thank Scotiabank for including me in their recent campaign #MyMakeItHappen. They encourage you to share your own financial story, picture or video for your chance to win a cool Apple product prize.
Ex-NHLer Dany Heatley was awarded millions in a recent lawsuit. The compensation stems from his former agent, and the agent’s parents, promising hefty profits from investments in condo developments – that were never fulfilled.
I got a chuckle out of this article in the San Francisco Chronicle. Apparently a private oval street lined with 35 mega-million-dollar homes don’t know how to pay their tax bill. This is because based on a city-run auction, a young couple now own the street and all the common elements they live on.
Can you afford that mortgage? Boomer and Echo offer some good tips including an overview on debt service ratios. You can read my take (and my big struggle) with those ratios here.
ModernAdvisor provided 5 reasons to start an RESP. A reminder you can start investing with this top-rate Robo-Advisor with $1,000 of their own money here.
Retireby40 is generating some great passive income.
Here are some basic budgeting tools thanks to Canadian Budget Binder.