Welcome to some summer Weekend Reading friends. Earlier this week I shared seven essential steps to a fat RRSP nest egg and I highlighted a few multi-millionaire #frugal athletes. Enjoy these articles I read this week and here’s to a great weekend!
Indexing guru Larry Swedroe told us to ignore the dividend investing hype and go for total return. “The low yields on safe bonds available during the past seven years have led many once-conservative investors to shift their allocations from safe bonds to much riskier dividend-paying stocks. This has been especially true for individuals who take an income—or cash-flow—approach to investing as opposed to a total return approach, which I believe is the right one.”
Dividend Growth Investor wondered if companies should pay dividends?
Making Sense of Cents is making a killing online, about $25,000 per month. Geez…
5i Research continued their series on #MBIM, My Biggest Investing Mistake. Check out this screw-up from Iain Butler, CFA, Chief Investment Advisor with Motley Fool Canada. You can read one of my monster mistakes here.
Michael James took in another reader question – about market-linked GICs.
Young from Young & Thrifty shared her portfolio makeover.
Here are some thoughts from Boomer & Echo on the real cost of buying your home.
Blonde on a Budget told us to avoid judging yourself based on someone else’s goals.
Former Detroit Red Wings coach, now Leafs coach Mike Babcock is selling his Detroit home. From the article: “Listed for $799,999, the 4,486-square-foot home is situated on a private wooded lot. The home has four bedrooms and plenty of living space.” Mike might get a 1,000 square-foot condo in the Toronto city core for that.
Mr. Money Mustache advocated you can get rich by creating your own tribe.
Larry MacDonald profiled this investor who is a fan of Warren Buffet.