Welcome to my latest Weekend Reading edition where I share some of my favourite articles from the personal finance and investing blogosphere.
Earlier this week I decided to share some random ideas about copycat investing – how it could make you wealthy eventually or how it could make you poor in trying. Have you tried to follow another investor’s lead? If so, how did that work out for you? Instead of copying another investor, what have you learned from others in order to tailor your own financial path to freedom?
Enjoy these entertaining and informative reads and I’ll see you here again next week.
Last but not least – Happy Father’s Day Dad. See you this weekend.
Andrew Hallam shared some keys for a wealthy life. Although I enjoy running this blog and reading about money stuff ultimately I believe a wealthy life has absolutely nothing to do with money.
This article suggests many financial advisors are falling short on providing Canadians with adequate tax planning advice. This includes tax management advice associated with assets inside RRSPs, RESPs, TFSAs and more.
This MoneySense article provided readers with an overview of smart beta funds. In reading this article, folks might be surprised to learn about 1/3 of Vanguard’s total assets under management are actively managed. I learned more about smart beta funds myself thanks to this Q&A with David Barber, Vice President of National Accounts at First Asset Management.
Are ETFs weapons of mass destruction? Certainly not yet.
Budgets Are Sexy listed some reasons why he doesn’t own a house.
Investing guru Norm Rothery highlighted these (safer) dividend paying stocks of the TSX. The list is below:
Some crazy but interesting stats from this Canadian Business article – Canadians’ household “wealth” is increasingly serviced by debt.