Weekend Reading – Monopoly, wealthing, million dollar homes, 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.
These were my articles from this past week:
Here are the benefits of a 6-pack Canadian stock portfolio (six stocks for starters) – including an interview with the author and a book to giveaway!
Did you watch the Royal wedding? Any big plans for the long weekend?
For us, a bit of work around the house and some downtime – which is great.
All the best to you and enjoy your weekend as well.
A reminder about this giveaway here: enter to win my gently used copy of Wealthing Like Rabbits by Robert Brown.
A Wealth of Common Sense highlighted a few money subjects including this at the end: “Salary is not the same as savings. Luxury does not always equate to wealth. To get ahead, no matter how much money you make, requires you spend less than you earn.” This is part of my mantra as well to get ahead.
MoneyMaaster is a new investing blog and he has a nicely stocked bar as well.
This Marketwatch story said you should have double your salary by age 35. That’s a good benchmark to know if you’re on track to retire by age 60 or 65. With soooo many competing demands for Gen X and Gen Y money, including student debt burdens, it’s hard to imagine barely half of those aged 35 would have accomplished that goal. For what it’s worth, here is our plan to own a $1 million portfolio (or close to it) by age 50. It’s an incredibly ambitious goal but I think we can get there.
Under the “Did you know…” category:
Have a great weekend!