Weekend Reading – Training your brain, mortgage advice, aristocrats and more

Welcome to Weekend Reading, where I share some of my favourite articles from the week that was.  Earlier this week, I answered a reader question about TFSA and RRSP considerations for 2014 and I shared Part 2 of my interview with Peter Hodson.

Check out these great articles when you have some time…have a great weekend!

MoneySense suggested you train your investing brain.  Maybe more framing using the fallacies associated with high-money management fees would help investors.  The psychology of money deserves more attention as it relates to retail investors and kudos to Dan Bortolotti for writing such a phenomenal article.

I liked how Canadian Mortgage Trends analyzed BMO’s fixed term mortgage advice.

What are the U.S. dividend aristocrats?  Passive Income Earner knows…

The Dividend Guy shared a list of Canadian dividend aristocrats.

Our Big Fat Wallet (not mine that’s for sure) discussed retirement income sources without a pension.

BrighterLife had some good ideas about a DIY home emergency kit – something I need to work on.

Michael James on Money compared using RRSPs to other accounts.

Brian So wrote about REIT taxation, so just keep your REITs in registered accounts.

Million Dollar Journey opened up on the topic of his corporate investment account.

LSM Insurance continued their series:  what the experts own.

Mr. CBB wondered if full price items make it into your grocery cart.  Rarely for us but it does happen.

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 grown our portfolio to over $700,000 now - but there's more work to do! Our next big goal is to own a $1 million investment portfolio for an early retirement. Subscribe and join the journey!

13 Responses to "Weekend Reading – Training your brain, mortgage advice, aristocrats and more"

  1. Hey Mark

    I disagree with your comment on Brian’s REIT taxation article and you saying always to keep REITs within a registered account. I don’t think Brian is saying that at all. He is saying that if the ROC is a high percentage, then you may want to think about holding it in a non-registered account.

    You may want to check with him but that’s the way I read it. Also, that is what I do with the REITs I own that have a high ROC like AX.UN and TN.UN.

    Ciao

    Reply
    1. You’re right Don and I misinterpreted Brian’s point on that. If ROC is high, non-registered isn’t a bad option. I guess I just prefer avoiding any tax mess whatsoever with REITs and I can do that by putting my REITs inside the TFSA or RRSP. Thanks for your comment and noticing that Don.

      Reply
      1. Hey Mark

        No problem. I don’t usually like saying anything but thought I should mention it especially for us older guys trying to balance all our different accounts for income, taxes, etc.

        As an aside, I do my investing with RBC Direct Investing online brokerage and they automatically do the ACB adjustments for their clients and just flag them in the monthly statements with an RTC type (usually once a year in April). I used to be with TD Brokerage and I’m pretty sure they did it as well.

        Take care
        Don

        Reply
        1. Don, always happy when readers point out great investing details and intricacies. I suspect it’s a juggling act as you get closer to retirement, and in retirement, with getting the right assets in the right accounts so income is tax-efficient as much as possible. I look forward to the challenge 🙂

          Yes, a few brokerages do that for investors – which is a great perk.

          Time for a beer and maybe some NCAA ball in the basement, my wife is watching House Hunters on HGTV 🙂

          Have a great weekend,
          Mark

          Reply

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