Weekend Reading – More dividend raises, Boomers not savvy, TFSA vs. RRSP 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 posts from the past two weeks:
Here is an update on our financial goals for 2018 – including what we invested in so far this year. One goal down, another huge goal to go.
The following link highlighted six BIG mistakes people make in retirement and/or planning for retirement. This is what I’m doing to avoid those failures.
This was our January 2018 dividend income update – some nice raises for doing nothing this year!
Enjoy these articles!
CIBC increased their dividend this week. Another nice raise to add to my 2018 list! I have full confidence more Canadian bank dividend raises are coming next week…
GenY Money shared some Boomer parents are not investing-savvy.
Like Dividend Growth Investor, this is how I think, act and behave when it comes to my dividend investing journey:
- I don’t focus on interest rates because I have no control over them. If you’re gonna worry about something in life, worry about things you can control.
- I don’t care or worry about short-term market changes. Why? My investing time horizon is another 30-40 years.
- I don’t focus on the value of my portfolio very much. I care about the income derived from my portfolio instead because that’s the money I need to cover life’s expenses.
Dividend Earner shared what he believes is the ultimate TFSA or RRSP infographic. It was well done.
Here is what I consider to be the linchpin in the TFSA vs. RRSP investing debate. Never forget the RRSP-generated refund you get is really a government loan at your current tax rate. Use that loan wisely!!
Andrew Coyne reminded investors to do – nothing – when it comes to the stock market. I like that advice including this: “The return of a world in which rates can sometimes rise, just as stock markets can sometimes fall — a world of risk, that is — is to be welcomed.
Want to invest in low-cost ETFs and buy your own buy-and-hold dividend paying stocks like I do? These are the types of ETFs I invest in.
Here is a free trial to unbiased stock and ETF suggestions in Canada. Learn about the best low-cost products for your DIY portfolio.
Now for other articles from my library…
These are my personal finance rules of thumb.
With “RRSP season” now here – it’s good time to review how to build a fat RRSP nest egg.
All the best and enjoy your weekend with family and friends.