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.
Boomer & Echo said TD e-series funds are not just for beginners.
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!
Mark
My name is Mark Seed - the founder, editor and owner of My Own Advisor. As my own DIY financial advisor, I've surpassed my goal and now investing beyond the 7-figure portfolio to start semi-retirement with. Find out how, what I did, and what you can learn to tailor your own financial independence path. Join the newsletter read by thousands each day, always FREE.
I absolutely love the Weekend Reading series. However, today I am unable to open the Rob Carrick article. The Globe wants me to buy an online access subscription. Help!!!
Ah crap, I will try and fix that! Not the paywall I mean, at least the link. Thanks for letting me know.
Mark, thx for the link and your comments on the posts, the series is just building to a crescendo ) You seemed to have hit on a hot spot with when to cash out your RRSP, I may have to use that topic with a more tax centric spin.
Feel free to discuss on your site Mark, I would be interested in your rolling through a few tax scenarios with that. Have a good weekend!
Thanks for including me, financial literacy is an important thing for Canadians to acquire. Have a great weekend.
Hopefully we don’t end up with people thinking they need to just buy “an RRSP, a TFSA, and a GIC” to be diversified 🙂 It sounds like the FP is perpetuating some misunderstandings.
Thanks for the mention Mark, have a great weekend!
Expert? ( cough, cough) – oh you meant Peter LOL. Seriously thanx for the mention!
I’m just stoked about this webinar. I can hardly wait… 🙂
Cheers
Avrom