Welcome to your Weekend Reading list, some of my favourite personal finance and investing news from the week that was. Enjoy the links and have a great weekend.
Larry MacDonald said don’t bet the farm on Canadian housing tanking in 2014, given in the U.S. “…the Fed has pledged not to raise its overnight rate until mid-2015. And then it would take at least another year of steady increases to bring about inversion of the yield curve.”
Rob Carrick’s job is challenging, how to say watch your fees, forget the market noise and manage portfolio risk without sounding too repetitive. I enjoyed his Q&A here.
DGI&R profiled Warren Buffett’s favourite company.
MoneySense provided a portfolio for those without a pension plan.
This article from the Financial Post suggests the best (retirement) plan is to have a diversified nest egg, any combination of pension plan, RRSP, TFSA and other forms of savings and income. Seems sensible, just don’t rely on the lottery like one-third of Canadians are…
Gail Vaz-Oxlade stopped by CityNews this week to chat about RRSPs.
Mark Goodfield started his series about how much is enough to retire on. He really doesn’t know the answer either but he’s going to give it his best shot walking us through a bunch of assumptions, lots of tax considerations and another five blogposts. I will read every one.
At the time of this post, don’t forget you have just one more day to win a few tax codes thanks to TurboTax via my giveaway – enter sooner than later!