Welcome to my latest Weekend Reading edition. Time for The Open Championship! I’m looking forward to watching the action from Royal Troon this weekend, with fond memories of visiting Scotland last summer and watching The Open live – it was a great lifetime highlight for me.
Earlier this week I shared our latest dividend income update – our journey to financial freedom. We are 42% of the way there. I also think people, bloggers in particular, obsess too much over net worth.
Enjoy your weekend and see you here next week!
Do you know if your financial advisor is robbing your blind? Here are 11 signs to find out (and how to stop it).
John Heinzl told us the anti-RRSP arguments are just urban legends. I tend to agree. John writes: “People love to complain about the tax on withdrawals because it looks so large, but it’s really just the original tax they deferred plus the growth of that tax over time. As the example above showed, even after paying tax on withdrawals, the RRSP investor still wins. If an investor’s marginal tax rate is lower in retirement, the benefit of RRSPs is even stronger.”
Mr. Money Mustache has some advice for you and all visitors to his site: “If you’ve been poking around here on this site for a while and, still find that major change and plentiful surplus money is in short supply, stop struggling and start by slowing down.”
Dividend Pipeline is thinking of dumping Pfizer.
From a recent Scott Adam’s blogpost: “If you didn’t believe me that I endorsed Clinton for my safety, perhaps the recent shooting of police officers changed your mind. That’s the sort of tragedy you expect to happen when Team Clinton frames the national debate as a race war.”
Michael James on Money provided a review of Tim Dempsey’s book, No Fear: Tales of a Change Agent, mainly for its alternative title, or Why I Couldn’t Fix Nortel Networks!
Big Cajun Man cites his daughters’ degrees as great investments. I would agree.
Dividend Growth Investor shared a few attractive stocks.