Welcome to your Weekend Reading folks! This week I surprised myself and managed to publish more articles than usual, here is what made news:
It’s impossible to predict the future but our financial plan has to start somewhere. Here are some income needs and wants in retirement.
Although I’m indexing more this year I answered some reader email questions about how to invest in dividend paying stocks and some things to consider to get started.
Enjoy these articles and video links this weekend friends. See you here again next week.
Justin Bender and Shannon Dalziel from PWL Capital discussed seven things for your financial checklist.
In dividend stock news, Canadian National Railway Co. boosted its dividend by 25% as fourth-quarter profit rose by almost a third. Then you have Canadian Oil Sands who cut their dividend, again, down to $0.05 per share. Rogers boosted their dividend to $0.48 per share. You take the good with the bad when it comes to individual stocks!
I watched Peter Hodson’s YouTube video on dividends here. He said they rule. I like them too Peter.
The Dividend Guy compared dividend stocks: Enbridge versus TransCanada.
BrighterLife wondered how the Bank of Canada’s recent rate cut may change consumer habits. It won’t change our approach: save, invest, kill debt and then have some fun.
Canadian Mortgage Trends shared some news on the recent rate cut. Here is a nugget I found interesting: “Markets are now pricing in a 61% chance of another rate cut in March. (Source: Bloomberg)”
Michael James on Money re-opened the safe withdrawal rate for retirement. I’m aligned with Michael favouring a 3% withdrawal rate and we’re aspiring for this in another 15 years.
Here are some pros and cons regarding how to acquire life insurance.
This Globe and Mail article profiled David Chilton, wealthy barber turned wealthy dragon. I’m a big Chilton fan.
Canada’s top mortgage experts share their best mortgage tips.
Million Dollar Journey told us about a smiling saver digging out of debt.
Financial pro Mark Goodfield was in this video with Rob Carrick, talking about the “in case I die file” and more here. Informative and critical stuff.