Weekend Reading – Natural disasters, CoPower, summits, top ETFs and more #money stuff
Welcome to another Weekend Reading edition – as more natural disasters rock our planet. At the time of this post, a deadly, severe earthquake has hit off the southern coast of Mexico.
Hurricane Irma continues on its destructive path, headed for more populated Florida this weekend.
These events certainly make me pause and wonder how much damage we’ve done to our planet and how much more chaos lies in our future on this earth – if we continue to collectively live the way we do…
I keep hope it’s never too late to change our behaviour (to combat climate change), and the same applies to our finances. Here are 6 simple ways to get your financial act together.
If you are passionate about being an impact investor, if you are conscious about your environmental footprint – for future generations, then you may want to consider this innovative investing path: investing in Green Bonds with CoPower.
Take care. See you here next week.
Financial Samurai shared some insurance tops for natural disasters.
From the oldie but goodie category, here is what the safe withdrawal rates (for retirement income) were really based upon. Don’t bet on this model for your financial future…
Want to know the best U.S. dividend ETFs to live from in retirement? Here is a list thanks to Simply Safe Dividends. What I liked from the article was this balanced message – something I also believe in because owning a few individual stocks isn’t the perfect portfolio:
We believe quality dividend stocks can serve as a foundational component of total return for most retirement portfolios. While few of us have the large nest egg needed for living off dividends exclusively in retirement, a properly constructed basket of dividend stocks can provide safe current income, income growth, and long-term capital appreciation to help make a broader retirement portfolio last a lifetime.
Here is my list of top U.S. dividend ETFs here. My personal favourite is VYM due to the large number of holdings for a very low modest fee of 0.08%.
(Disclosure: I also own the ETF VYM). Here are my top U.S. dividend ETFs for your portfolio here.
Canadian Financial Summit – Online and FREE!
A reminder about this cool and upcoming Canadian Financial Summit – a 100% FREE summit with 25+ Canadian personal finance and investing experts who will share their saving tips, investing practices, thoughts and advice on housing, how to protect yourself from $hitty advisers and much more!
I’m thrilled to join Canadian financial experts such as Rob Carrick, Preet Banerjee, Ellen Roseman, Andrew Hallam, Evelyn Jacks, and more. You can see the full speaker list here. Here is what you will learn about:
- How to invest better, easier, and more efficiently
- How to protect yourself from corporate chicanery (including bad financial advisers)
- How to avoid crippling fees and terrible advice
- How to understand the housing market and what it all means for you and your family
- How to get your credit cards to pay you back
- How to earn hundreds more every week with innovative side hustles
- How to travel on the cheap to exotic locales
- And more and more…
Roadmap2Retire shared his latest passive income update.
Retire Happy reminded us personal finance does not have to be complicated. Agreed. But behaviours and attitudes as adults are very tough to change. This is why you probably don’t need any more financial advice – from any blog or article (…except for mine). 🙂
Here are 36 obvious investing truths. These are my favourites from the list and what I continually remind myself (and share with others if they want to talk #moneystuff):
Despite what other bloggers, indexers, stock pickers and books tell you – there is “no such thing as a perfect portfolio, asset allocation or investment strategy.”
““I don’t know” is almost always the correct answer when someone asks you what’s going to happen in the markets.”
Reasonable investment advice doesn’t really change all that much but most of the time people don’t want to hear reasonable investment advice.” I find it hard to follow my own some days. I’m certainly not perfect.