Welcome to my latest Weekend Reading edition where I share some of my favourite articles from the week that was. It was a busy week friends – happy to have some downtime this weekend. My NCAA bracket is pretty much dead with Arizona out now. I had them in my final with Kansas. *sigh*
I had a great time at the Ottawa Senators game with my father last night but it was very unfortunate (and rather gross) to see Marc Methot lose part of his finger thanks to a Sidney Crosby slash. Google it. You’ll see what I mean…
Here are my posts from this past week:
I took issue with one proposal in the recent federal budget – to increase the taxation on capital gains. Turns out my issue was a non-issue, at least this year, no such taxation changes are on the way. I do wonder however if this was a trial balloon for future years. Thoughts?
Sean Cooper encourages you to Burn Your Mortgage. You can win a copy of Sean’s book by entering my giveaway in that post.
Long before I started investing, smart companies and good management within those companies recognized what’s generally good for society could limit financial risk – and benefit investors too. Welcome to the world of Sustainable Investing.
We got upwards of 10 cm of snow today in Ottawa. I’ve had it with winter. As in, officially, done. #pleasegoawaywinter
I hope you have a great weekend and the weather is much better where you are.
See you next week,
Financial Samurai believes long term investing is all about saving yourself from yourself.
I enjoyed this interview with legendary investor and innovator John Bogle, founder of The Vanguard Group. If you don’t have 16 minutes to spare – in the interview he mentioned he’s worried about the rich-poor gap, racial divide, political disunity, and barriers to trade. He acknowledges the market has done very well of late. He believes this is because investors are speculating on the future, including future tax cuts by Trump. Markets perform largely based on emotions associated with the eternal trade-off: people who are bullish are buying and people who are bearish are selling. In the short-term there may be euphoria in this market, but long-term, the market will reflect the general performance of the economy. He also doesn’t consider himself a hero even though Warren Buffett thinks so.
Meb Faber believes there is “…lots, and lots of fat to trim from the traditional high fee mutual fund space.” Read on about a low-cost ETF portfolio.
Congrats to Nick, the winner of my Millionaire Teacher giveaway. I look forward to your response to confirm you still want the book!
Big Cajun Man discussed spring financial cleaning. Hard to believe it’s technically spring with our weather.. Anyhow, part of that housekeeping for me is completing my tax return and ensuring any money returned is to us is put to very good use. Here are some of the best ways to spend your tax refund here.
Stephen Weyman updated his list of best cash back credit cards in Canada for 2017.
My friend the Blunt Bean Counter highlighted some tax tips for small business owners.