Welcome to a new Weekend Reading edition – some of the best articles from the personal finance blogosphere. Earlier this week I told you about how I used Twitter to get some customer service and I summarized some saving and investing truths you can take to the bank.
Enjoy these fine articles and see you here next week, for hopefully a new dividend income update.
Cheers!
Rob Carrick said the stock market is better for young adults than houses. I would have to agree for the most part and I wish I invested the way I do now back in my 20s.
Thinking about how to invest, here are some Canadian dividend stock selections made easy.
Our Big Fat Wallet switched mechanics to save money.
National Bank hiked their dividend this week. BMO did the same. I’m happy.
Debt Roundup told us there is no wrong way to pay off debt.
Dividend Growth Investor provided some investing principles to follow.
Michael James on Money talks about fees.
Ben Carlson listed some things the financial industry doesn’t want you to know.
Retire Happy questioned whether voluntary CPP contributions are a good idea. Personally I think financial incentives need to go beyond the voluntary variety.
My friends over at Young & Thrifty answered a reader question about indexing and dividend investing.
Here are some traps to avoid when it comes to life insurance, thanks to Lorne Marr.
Mark
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.
Thanks for sharing some of these great reads. I enjoyed the Canadian Dividend Stock Selection Made Easy and the reports of National Bank and BMO. I still like those Canadian bank stocks.
Glad you enjoy the Weekend Reading!
I enjoyed Rob Carrick’s article. It’s nice to see him once again challenge the notion that it’s always better to buy than rent.
Agreed Sean!
Hi Mark, Voluntary contributions work for me personally, but I think that in general, we need more forced savings. There are too many people who will never save no matter what options are available.
Well, you’ve done very well via your personal, voluntary savings. Yes, agreed, more forced savings for most and then there are those who can but just don’t know how to save.
It’s amazing how few people who comment on voluntary CPP contributions even mention the main value of them: a hedge against longevity risk. Thanks for the mention.
Good point Michael. Are you a fan of the voluntary contributions? I suppose it’s OK but I prefer mandatory/forced-savings myself. Have a great weekend!
Mark,
Thank you for including my article on simple investing principles in your weekly review. I think those are important, because they carry the freight behind most investing strategies out there.
Have a nice weekend!
DGI
No sweat DGI and have a great weekend. Thanks for the support of my site.
Thanks for the mention, Mark, I saved big by avoiding the dealer’s servicing costs but in the long run I would like to learn to do the basics myself (and save even more)
I have a good mechanic up the road from where I live. I trust him, like a dentist!