Welcome to my latest Weekend Reading edition. How was your week? My week included a visit to the dentist office. Ah, I love that place. (No, I really don’t.) Do you have any anxiety about the dentist?
Here were my writings from this past week:
Enjoy your weekend and see you here next week!
Nest Wealth offered advice to prepare for bear markets. I certainly agree with them: while you can’t control the markets you can control how you’ll react to them – therefore make a plan and stick to it.
A phenomenal interview with legendary investor and billionaire Stephen Jarislowsky by Preet Banerjee is here. Where Preet finds his time to do all his work I have no idea…
Michael James on Money liked the book entitled Nudge.
Canadian Budget Binder has some tips to avoid high grocery expenses. I have mixed thoughts on grocery expenses. On one hand, we need to eat. It’s always good to pay less. On the other hand, we also want to eat well. Your body is only as good as what you put into it.
A Wealth of Common Sense believes Baby Boomers won’t destroy the stock market in retirement. I’m personally optimistic they will sell their assets, creating some corrections, allowing me to buy good stocks at cheaper prices. Get selling Boomers!
Interesting new tool by Capital One, a Credit Keeper™, a credit tracking tool that provides customers with free access to their credit score – a first among banks in Canada. (I recall when I last checked my score was over 835 and I hope to keep it there through good credit management.)
From the oldie but goodie file, how are you going to open the investment taps to fund your retirement? We have our plan – what is yours?
Boomer and Echo discussed pension buybacks. Are they worth it? I think it depends.
Neil Macdonald from the CBC says Canadians need a consumer backbone. Probably not wrong.
Budgets are Sexy shared his net worth. He’s doing well. I have considered reporting my net worth on this blog but I shy away from that; I already share a great deal including these dividend income updates. I hope to have a new update next week.
MoneySense has some tips for how to invest in your 40s. I’m there now. Although a big part of that article focused on pensions (most Canadians don’t have one) I think the biggest thing most 40-somethings should have by then is a financial plan. Plans come before products. Thoughts?