Weekend Reading – LIRAs, more giveaways, Buffett on bitcoin, houses as consumer goods 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.
I went a lil’ crazy with the writing this week since I returned from my golf vacation in Fort Lauderdale. These were my articles from the past week – all three of them:
Here is our financial goals update. I’ll provide another update later this year.
Here is our April 2018 dividend income update – onwards and upwards as I always say.
I want to giveaway yet another book in my library. Enter to win my gently used copy of Wealthing Like Rabbits by Robert Brown. You can find a review of this book on my site here. I also interviewed the author a couple of years ago here.
Enjoy these articles, enjoy your weekend, and chat again soon.
Rob Carrick talks houses – are they an investment or consumer good? My take is they are both. A house is first and foremost a place to live. In buying one, you are also indicating this is an asset in your portfolio and you do expect the value of that asset to appreciate over time. Otherwise, if there is no intention to gain a higher profit from owning the home over time – you probably shouldn’t buy one. There might be better things to do with your money. So, in saying that, profits from home ownership may or may not happen due to your operating costs, borrowing costs and capital outlays to maintain the home over your period of ownership.
Interesting interview with Warren Buffett about bitcoin here:
Warren Buffett on bitcoin: “You can have anything you want to imagine if you look at something and say ‘that’s magic’ … they did it with tulips in the 17th century” pic.twitter.com/nAZOkL990Q
— CNBC (@CNBC) May 7, 2018
Telus increased their dividend this week, by almost 4%, their 15th dividend increase since 2011.
Canadian Financial DIY wrote about vulnerable investors including financial elder abuse.
I recently updated my Retirement page with some stories I forgot to link to about retirement and early retirement. I’ve also put some math on this page to show you how much (and how long) your portfolio might last. Just so you know, a $500,000 personal investment portfolio spending ~ $30,000 per year could easily last 20 years.
Have a great weekend!