Welcome to my latest Weekend Reading edition – we made it – the weekend is here!!
Here are my two articles from the past week:
Enjoy the rest of these articles and more FREE stuff to enter, to learn from…see you here next week.
Mark Cuban says saving alone won’t make you rich. Maybe not surprisingly from the article: too many Americans believe “real estate” is the best way to become a millionaire. I suspect Canadians might answer the same. Thoughts?
This report cites mortgage rule changes are slowing cooling the housing market. Overall, that’s good for our housing dilemma.
How To Save Money reminded us PC Financial is no more but there are alternatives. For the time being, I’m going to see how Simplii with CIBC turns out. I bet there will be some incentives to remain a customer this fall. If not, I will vote with my wallet and you should consider the same.
Canadian Financial Summit
The brains and energy behind Young and Thrifty have just launched the Canadian Financial Summit – a 100% FREE summit with 25+ Canadian personal finance and investing experts who will share what they think about, their saving tips, investing insights and much more – from the comfort of your home!
You don’t even have to get out of your pyjamas to check it out! I’m thrilled to join speakers such as Rob Carrick, Preet Banerjee, Ellen Roseman, Andrew Hallam, Evelyn Jacks, and more. You can see the full speaker list here.
When you attend the summit you’ll learn about:
- Saving more on everyday items
- Better, smarter, easier ways to invest
- Protecting yourself from corporate chicanery
- Understanding the housing market and learning what’s actually important to know and do,
- Earning hundreds more every week with brilliant side hustles…and more…and more.
Once again, the event is FREE to attend however if you can’t make the scheduled session date/time, you will be given the option to purchase a special any-time, anywhere, Premium All Access Pass that will allow you stream the entire conference whenever fits you best.
I encourage you to sign-up now, so you’re also automatically entered to win one of the free Premium All Access Passes they will giving away when the event goes LIVE on September 13th. Good luck!
P.S. Where else are you going to find all these financial experts in one place?! Check it out…
Other fun and interesting stuff…
Dividend Earner shared his top stocks.
Ken Kivenko, a Canadian advocate for transparent and better investing for consumers, highlighted a crappy money market fund to me. His comments to me:
“If you held this 0.76% MER money market fund (A series) on a deferred sales charge basis, with your discount brokerage, you would have received no advice AND paid a trailer commission for 10-years. It has been subject to early redemption charges and earned a compound 10-year rate of return of 0.80%. This is saving for retirement? Investors have poured $830 million into this fund. If you had invested $1000 in this fund 10 years ago, you would have made 80 bucks. If you held this fund in a non- registered account, you would have made even less. Why on earth does this product even exist?” Fair question.
Congratulations to the winners of my latest giveaway – The Ten Roads to Riches. I look forward to sending you the book. To everyone, stay tuned for more FREE stuff from my site in the coming months.