Weekend Reading – New sites, behaviour gaps, retirement numbers and more

Welcome to your Weekend Reading list.  I hope you enjoy my favourite articles from the week that was….

New to the blogging scene but not new to personal finance and investing, Barry Choi launched a website and shared his top personal finance books for Canadians.

Boomer and Echo wrote about the behaviour gap that hurts investors.

The Blunt Bean Counter finished his series about a magic retirement number for most Canadians.

Young and Thrifty offered a few ways why renting in your 20s is a good thing for your retirement.  I agree and rented for most of my 20s myself.

The Passive Income Earner wrote an income tax planning guide.

This blogger offered 7 solid reasons why failure is a good thing.

MoneySense said the middle class is just getting by today.

This Globe and Mail article made no sense to me.  I suppose paying down debt doesn’t make anyone rich though.

Dan Solin shared some myths about dividend investing.  This one was odd, “dividend-paying stocks provide adequate diversification”.  Not sure that’s a myth or just a random comment.  The same can be said for most investing products actually.

Dear taxpayer, government cheques are going away, direct deposit is here to stay.

Want to file your taxes?  Missed my giveaway?  Don’t worry, you can UFile and win some online tax codes thanks to Michael James on Money.

Mr. CBB wrote about when the sole provider loses his/her job.

Dan shared the basics of Dividend Reinvestment Plans, something I’m rather passionate about.

Dividend Ninja discussed Master Limited Partnerships, publicly traded investment partnerships based in the U.S.

Have a great weekend and chat again next week.

My name is Mark Seed - the founder, editor and owner of My Own Advisor. As my own DIY financial advisor, I'm looking to start semi-retirement soon, sooner than most. Find out how, what I did, and what you can learn to tailor your own financial independence path. Join the newsletter read by thousands each day, always FREE.

17 Responses to "Weekend Reading – New sites, behaviour gaps, retirement numbers and more"

  1. I’m still in my early 20s and I actually start considering buying my own house in my late 20s… Not sure if it’s better to buy house early then pay more mortgage or save up for it first then have less mortgage but takes longer to own a house.

    Reply
    1. Well, don’t forget there are TONS of home ownership costs you can avoid if you’re a renter. Just as long as you’re ready to take it on…. I know I wasn’t until I was 27.

      Reply
  2. Mark, thanks for supporting the series. You had some interesting topics this week. Your insurance is probably at minimum 1/3-1/4 of what my clients have, but as I thought about it, based on your circumstances, probably not as light as I thought on first glance.

    Reply
    1. I enjoyed the series Mark. So many of your clients have $2M + in insurance? That’s quite a bit but maybe it’s what they need for some income replacement and to cover liabilities. I figure once the house is paid off, I’ll probably need some term insurance but not too much.

      Thanks for your comment, I appreciate hearing your perspective on things.

      Reply

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