Welcome to my latest Weekend Reading edition where I share some of my favourite articles from the week that was. With a consultant around the office this week along with my usual to-dos, I was busy and only managed to post one article – I suggested before you start investing do this stuff.
Any big plans this weekend? We have a dinner date with family and some yardwork to do. Other than that, I hope to hit the driving range and have a few cold pints on the deck. The weather should be amazing this weekend and I can’t wait to enjoy it. Best wishes and see you here next week.
Money We Have suggested you learn from others.
Dividend Ninja provide some advice on setting and achieving dividend retirement goals.
Larry MacDonald profiled Ram Balakrishnan, Canadian Capitalist in this column.
This Globe article answered the question should you trim your winners or let them run? From the article: “So, while there are pros and cons to rebalancing, the ultimate goal should be to control your risk. My general rule of thumb is not to let any one security account for more than 5 per cent of my total portfolio – a guideline some fund managers also use.” I tend to use this rule myself.
Rob Carrick highlighted CPP reform – stating we can’t afford not to make these changes. Don’t forget that while higher CPP payments might be good for you in your old age, higher CPP will cost you and your employer now.
Michael James on Money discussed misbehaving.
Big Cajun Man let you know more about the RDSP.
Simply Safe Dividends told us Warren Buffet no longer owns AT&T stock but that doesn’t make it bad dividend payer.
My friends at Young & Thrifty reviewed this Peter Lynch gem.
Thanks for putting this list together Mark! Technically you got two articles in this week, right?? 🙂
Bert, One of the Dividend Diplomats
Well, one post outside of the Weekend Reading edition!
Higher CPP premiums are a double whammy if you’re self-employed, but overall I support the move.
I think it’s a great move overall.
CPP Reform: Anyone excited about this or feel it will help them in their retirement is someone who does not have savings and will probably not have sufficient savings or income during their retirement.
In 20 to 25 years from now at least 25% of the population will be of retirement age and that number will grow for a while. The younger generation will have to pay for those CPP\OAS payments and pay even more if they feel they must live off what the gov’t will pay.
I think this is a good move for the simple reason cannew – Canadian’s aren’t saving as much as they should. We’re saving, but I suspect we’re in the minority because we want early retirement and others are simply blowing their brains out 🙂
I had a busy week as well with my boss in town. Thanks for the mention.
I just don’t like working from home (evenings) and workdays. It’s a bit much but some OT, no problem, such is life! Have a great sunny weekend.
As much as I know about RDSP, and for some I am an expert, but I am no expert! Thanks for the mention have a great weekend.
You know enough! 🙂 Cheers.