Weekend Reading – Tips from a millionaire, retirement savings, DIY mortgages and more

Welcome to a new edition of Weekend Reading where I share some of my favourite articles from the week that was.

Check out these great articles when you have some time…enjoy your weekend and I’ll be back next week with a dividend income update and more.

MDJ had a guest post from Pete, how Pete became a millionaire.

Preet Banerjee scared the heck outta us when he wrote any of these answers aren’t good enough when it comes to saving for retirement: ‘10%’, ‘as much as you can’ and ‘more’.  Preet’s answer to the retirement number is ‘it depends’ based on a sound financial plan that considers a number of well-documented variables.

A new DIY online mortgage tool is at your fingertips:  intelliMortgage.   Do the work yourself, pay less.

Canadian Couch Potato is launching a new Couch Potato mutual fund.   “It will carry a management fee 1.40%, as well as a 1% trailing commission paid to the advisor. Investors will have their choice of a 5% front-end load, a deferred sales charge starting at 7%, or a combination of both.”  Dan loves April 1st as well.

How To Save Money said it might not matter if you missed the RRSP deadline.

Jim Yih told us about marginal tax and average tax.

 

My name is Mark Seed and I'm the founder, editor and owner of My Own Advisor. As my own DIY financial advisor, I've surpassed my goal and I'm 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. Subscribe and join the newsletter! Follow me on Twitter @myownadvisor.

6 Responses to "Weekend Reading – Tips from a millionaire, retirement savings, DIY mortgages and more"

  1. Hey Mark

    Thanks for the link to Pete’s article. I gave you a shout out in my response to it.

    MOA is definitely my favourite financial blogger site. You really do a most excellent job!!

    Take her easy and keep up the good work.
    Don

    Reply
  2. Thanks for sharing my article Mark, much appreciated. Hope all is well with you. We’re expecting our second baby soon so I’m super busy right now.

    I hope sometime in the next year I’ll be able to get back to reading and commenting on more blogs. I’ve been spending what little time I have on my own and haven’t been very active in the community. Sorry I haven’t been really reading or sharing your stuff!

    Reply
    1. Congrats Stephen – great news!

      Don’t worry about keeping up, you’ve got much more important things to do 🙂

      Take care and check in when you can.
      Mark

      Reply

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