Financial Extinction Week

Given the photo thematic premise of the week, that is about as pithy a title as I could pull together for this week’s wander through the world of Financial Blogs. Financial extinction was on the plate for a while. One Higgs Bozon particle later, and kaboom?

What I wrote that Week

Figured I’d spice things up and add in what I wrote that week as well:

• Random Thoughts: Mr. President Elect was the previous weeks interesting stories too for November 2008
• Always good to know what is behind you is looking back on the stock market the best way to predict the future.
• We Shall Remember and we should continue to remember always, not just on Remembrance Day.
• Nortel a Dinosaur? You bet it was. Bad management, infiltrated by Hua Wei, it had no chance, and a lot of good people suffered for it.
• The Church Bazaar and Uncluttering is it the best place to unclutter? yes, but the danger is also that you will end up buying more clutter.

The Financial Apocalypse Has Been Delayed This Week

Well not really, given how badly the markets have been and how far the Canadian dollar has dropped, it has been a rough week for most folks, who are investing, and a good week for those who have cash.

• Given that this week I have been “piling on” about dinosaurs and my former employer, I’ll add another voice: the Financial Post saying, Nortel’s New Target Price is Zero. It is not just me who is bitter and twisted on this subject, but now more than ever, I want ALL my money out of them very soon.
• For those wondering Has The Hadron Collider Destroyed the World Yet, the link will take you to the site to answer that question. If it answers yes, feel free not to read the rest of this posting.
• Michael James asks the very good question Do Investors Need to Be Good at Math ? I think the answer in my mind is YES, but I have a Math degree as well.
• The Canadian Capitalist mentioned about Discount Brokerage Fees especially with TD Canada Trust. I have noticed this one myself, and Nerd Money has also been talking about TD RRSP fees, as well.
• Preet over at Where Does My Money go announced His New Career , showing a lot of courage during an economic downturn, to decide to change careers. I wish him good luck, although it isn’t really a new career, just new ways of doing things, which is cool too.
• Nancy Zimmerman points out that Canadian Spies are Paid Well . I hope so, I am hoping to get a job there, but I guess since I am talking about it, maybe I won’t be getting that job.
• Promod over at the Riscario Insider talks about How an Actuary Invests, which is interesting because he is someone who knows his Math!
• Canadian Tax Resource tells asks What are In-Trust Accounts (and answers the question too).
• Money, Matter and More Musings points out that we are all Socialist when Poor, Capitalist when Rich , which I tried to explain to my kids, but they looked at me like I was from the U.S.S.R. !

Snow is promised soon in Ottawa, and my snow tires are not on as of yet, but with gas at 80 cents a liter, maybe I should put my tires on soon (snow tires give worse gas mileage, but compensate by allowing you to stop, instead of plowing into a tanker truck).