Weekend Reading – Kinder Morgan, giveaways, Google finance alternatives and more #moneystuff
Welcome to my latest Weekend Reading edition – where I share some of my favourite articles from the week that was across the personal finance and investing blogosphere.
Amongst multiple hours of overtime this week, I managed to sneak in an evening presentation about my investing history, lessons learned to date and more with members of the Ottawa Share Club. By all accounts, the 40-member audience that night took to my presentation rather well – so thanks to the Share Club for having me. I’ll try to get out and see you again to discuss investing.
Enjoy these articles I checked out, the following news, another giveaway, and of course…your weekend!
Congrats to Elizabeth who won a copy of this book in my last giveaway. Your book is on the way!
A reminder about this latest giveaway running for a few more weeks: enter to win my gently used edition of The Quest for Alpha by L. Swedroe. You can find my review of that book here.
After Google Finance shut down recently, lots of investors have been looking for alternatives to manage/follow their portfolio. Dividend Earner has an extensive review of those alternatives here.
Ottawa looks like it wants to go ahead with the Trans Mountain pipeline, despite tons of (annoying) opposition in B.C. about it. The sticky politics of Canada aside, Kinder Morgan raised their dividend by a whopping 60% this week.
Dividend Growth Investing & Retirement (I’ll probably type DGI&R for short next time!) wrote about why dividend investing can work. I would agree with his summary: “The number one reason to be a dividend growth investor is that it’s a good strategy that you can stick with LONG TERM. A successful investing strategy requires long-term focus. For almost any legitimate investment strategy to work you need to give it time, ideally, you want to be thinking in terms of decades.”
This might be the solution to Canada’s housing woes and affordability – multi-generational family dwellings and living. Love my parents and in-laws dearly but no thanks.
Here’s why DIY investors should hate class A (advisor-class) funds. I don’t own any and never intend to. The punch-line of this article is really nothing new when it comes to investing:
- Know exactly how much you are paying in fees (and why)
- Understand the long-term impact of fees (and how high fees can kill your portfolio value over time)
- Make sure the services you receive (about any financial advice) is worth it.
Common sense right? 🙂 Easy to say, hard to do sometimes.
Deals and reminders
Here is a free trial to unbiased stock and ETF suggestions in Canada. This can help you set-up your new low-cost, self-directed portfolio!