Around the Blogosphere
Weekend Reading: Maxed Out RRSP Edition
Unused contributions available for 2018 = $0. That’s what my RRSP contribution history will say when I check CRA’s My Account later this year, once tax season is over. You see, I finally maxed out my unused RRSP contribution room during the first 60 days of 2018. I built up a lot of RRSP contribution…
Read MoreWeekend Reading: Buffett’s Annual Letter Edition
Warren Buffett’s much anticipated annual letter to shareholders was released this weekend. As always, Buffett shared some great nuggets of wisdom to Berkshire shareholders while setting the stage for his eventual replacement (down to two long-time Berkshire employees, Ajit Jain and Greg Abel). Highlights from Buffett’s annual letter include: Another market-beating year where Berkshire grew…
Read MoreWeekend Reading: Family Day Edition
Happy Family Day weekend, everyone! This edition of weekend reading includes an introduction to a great new money series on Global, some shoddy life-insurance advice that got BMO into hot-water, a new book from retirement expert Fred Vettese, and why market volatility shouldn’t scare off novice investors. Last year we spent much of Family Day…
Read MoreWeekend Reading: Hamburgers Are On Sale Edition
During the tech-stock meltdown at the beginning of the century, legendary investor Warren Buffett served up this famous stock market analogy: “To refer to a personal taste of mine, I’m going to buy hamburgers the rest of my life. When hamburgers go down in price, we sing the ‘Hallelujah Chorus’ in the Buffett household. When…
Read MoreWeekend Reading: Frustrating Financial Beliefs Edition
It’s RRSP season, a time to consider topping up your contributions to build your nest egg and reduce your taxes owning for 2017. RRSPs are a useful tax-planning tool and one of the most effective ways to save for retirement. But some retirees don’t see it that way now that they’re in the withdrawal phase…
Read MoreWeekend Reading: Crypto Crazy Edition
This time is different – the four most dangerous words when it comes to investing. We’ve seen it time and time again. From Tulip Bulb Mania to the Dot Com Era, and the U.S. Housing Boom, exuberant market behaviour drives asset prices higher and higher until demand reaches levels that can no longer be sustained,…
Read MoreWeekend Reading: Bank of Canada Hikes Rates (Again) Edition
The Bank of Canada raised its key interest rate again this week, marking the third time since last summer that they’ve increased the benchmark lending rate. It now sits at 1.25 percent, while Canada’s big banks all moved their prime ending rate to 3.45 percent. The move has financial experts warning of the impact on…
Read MoreWeekend Reading: Couch Potato Edition
Canadian Couch Potato godfather Dan Bortolotti recently posted the returns for his three model portfolios. Like my two-ETF portfolio, which returned 14.06 percent, Dan’s model portfolios had a banner year in 2017. Here are the results for the most aggressive versions of each portfolio: Tangerine’s Balanced Growth Portfolio – 9.5 percent TD’s e-Series Funds –…
Read MoreWeekend Reading: Happy New Year 2018 Edition
Happy new year and welcome back to another edition of weekend reading – the first of 2018! We’ve got a lot in store for you this year as we continue to share our money stories and help you achieve your financial goals. As always, we’re happy to take your topic suggestions so leave a comment…
Read MoreWeekend Reading: Merry Christmas Edition
Merry Christmas, everyone! Welcome to the last edition of weekend reading for 2017. We’re taking Christmas week off and I’ll be back next weekend to update my net worth for the year. As always, thank you for following our journey towards financial freedom. We feel incredibly honoured that each of you choose to spend a…
Read More