Welcome to Weekend Reading friends. Tough week hearing about the events in Dallas as I write this post. Heartbreaking and very, very sad news and world we live in…
Earlier this week I started yet another giveaway on my site. Check out my review of Loonie to Toonie and enter for your chance to win a copy in the coming week. I also revisited some assumptions about our financial freedom journey – I think it’s good to challenge your assumptions every now and then.
Last but not least, a big thanks to Canadian MoneySaver for putting my article about Getting Wealthy Eventually on the cover of their July/August edition. A really nice honour and I look forward to working with them again to host a webinar in the coming months.
Enjoy these articles from the personal finance blogosphere. Have a good summer weekend.
Sure Dividend covered a list of quality U.S. blue-chip stocks here.
Here’s a report about former NHLer Bryan Berard who got duped out of $3 million.
Here are some saving and investing resources for new investors – some of them FREE.
Justin Bender helps you perfect your portfolio here, with an assessment of the costs associated with holding U.S.-listed ETFs directly versus holding a Canadian ETF that wraps-up those underlying U.S. investments. From the blogpost using VXC as an example: “Although VXC’s wrap structure may not seem important at first, holding the underlying US-listed ETFs directly in your RRSP would be much more tax-efficient. To help illustrate this concept, I’ve estimated the total cost of holding VXC (0.71%) versus holding the underlying US-listed ETFs directly (0.19%).”
Yield Hog John Heinzl answered a reader question: what is better for tax purposes – dividends or capital gains? The answer: it depends. Do know this – the tax rate for dividends (thanks to the Canadian dividend tax credit) can actually be negative depending on your income level.
Arbor Investment Planner took a look into intrinsic value – and its relationship to risk, market value, safety and more.
Tawcan shared his dividend income update for June. I will do the same next week.
Shares of Beau’s beer would have been really nice to own. “With more than 500-per-cent revenue growth over the past five years, and five million litres of beer sold in 2015, Beau’s Brewery has built a strong foothold in Ontario and Quebec.” #goodbeer
Big Cajun Man said downsizing your home is another money maker for real estate agents.
Michael James on Money looked at narratives related to banning trailing commissions.