Hi all, and welcome to your Weekend Reading list. I had a few posts this week, encouraging folks to consider using the Canada Pension Plan to model their portfolio after and I shared some Registered Retirement Income Fund (RRIF) basics.
Here are some of my favourite articles from this past week.
Boomer and Echo gave us a number of things to think about when retiring overseas.
Rob Carrick said for income investors, the best inflation hedge is a stock that raises its dividends every year. For example, TD, National Bank and RBC have grown their dividends by between 7-9% annually over the past five years. The cost of living was up an average 1.7% per year over the same period.
Larry Swedroe wrote about conflicting goals for investors. What goal is more important to you, sleeping well at night or taking on more (equity) risk for an earlier retirement?
The Blunt Bean Counter told us about this big TFSA blunder to avoid.
Based on a recent BMO RRSP deadline survey, RRSP contributions were down.
Mark
My name is Mark Seed - the founder, editor and owner of My Own Advisor. As my own DIY financial advisor, I've surpassed my goal and now investing beyond the 7-figure portfolio to start semi-retirement with. 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.
I agree with Rob Carrick – dividend increases are the best hedge against inflation. For me not too significant now as I don’t rely on that income but when I do upon retiring it will definitely help. Have a good weekend Mark
Absolutely Dan. I need to focus on more growth in my RRSP vs. dividend stocks. Over time, I will switch from growth to income for the same reasons!
Hey Mark,
Thanks for the good reads. Have a great weekend.
CBB
Mark, thanx for the mention! 😉
Cheers
DN
I’m still wondering what Frugal Trader will do upon hitting the million-dollar mark. Thanks for the mention.