Another week of bleak predictions of the demise of the entire global economic system, with talk of European defaults, depressing job numbers and the Spector of Inflation rearing its ugly head in Canada again. Sometimes you wonder whether it is worthwhile getting out of bed (financially), but I am sure the sun will rise tomorrow. However, it may not shine directly on me (that is your deep thought for the week).
Air Canada remained in the air, which is good news, and Parliament is back in session in Ottawa, so lots of fun and games are on our streets once again. Are the new NDP MPs allowed to talk yet? We also have a rip-snorting (OK, boring as sin) provincial election in Ontario. I suspect something vital is being said, but for the life of me, I can’t get up to a point where I give a rat’s ass about the whole thing.
Oh and it was Hobbit Day yesterday too, so belated Happy Hobbit Day wishes, as well.
With all of this gloomy news, I naturally ignored it and went in a completely different direction:
- I seem to have wrangled one or two readers with my racy titled Fewer RIM jobs and Sunday’s best but then again, what did you expect?
- Stats Canada published a report that caused me to go No sh*t Sherlock when they stated University tuition in Canada is up, I am living that and it is appalling how much Universities are jacking up their fee structures with no control from the Government
- I let a little light shine on a subject I have been keeping under wraps with I’m an Adult Now?
- The Shark Bite Story shows that even unlikely events seem to happen more often, or at least that is what some folks want us to think.
- I did join the gloom train with CPI on the rebound August 2011 in Canada and energy prices continue to spiral
- Random Thoughts: Jobs, Jobs, Jobs was a recap of the previous week’s best.
The global relapse was also on the mind of other financial blogging folks:
- Canadian Couch Potato gives us tips on Balancing your dividend holdings especially your ETFs (useful commentary on a few of the dividend ETFs out there)
- Mike at Money Smarts gives us can home owners benefits from falling real estate prices? and of course the answer is, maybe. Too bad you can't short sell a house.
- Michael James laments that Millionaires aren't what they used to be which is true, and what can a million dollars buy you these days? Not much (well, you could buy me, but, then again, would you want that?)
- Jon Chevreau points out that most boomers have wills but many of them are out of date, I plead, guilty as charged.
- Canadian Capitalist gives us an easy way for building a diversified portfolio out of Claymore Exchange-traded Funds another useful fire and forget portfolio idea.
- Sandy at Yes I am Cheap gives us a video about rasing a family on less than $600 a month in New York City, no less.
- Larry MacDonald updates us on why it is dangerous for some executives who can't stop thinking about their businesses, luckily they figure out how to do that.
- Sustainable Personal Finance sounded a lot like me with the post not another Top 10 Reasons to Cancel Cable List, I like folks who lampoon the top 10 list, I am sick of them, and I'll give you my top 10 reasons next week.
- Preet puts on his teaching robes and gives us the P/E ratio and helps lift the veil of ignorance in the financial world a little more.
- Boomer of Boomer and Echo points out the obvious with if it's fall it must be fundraising time again, with the number of phone calls and doorbells rung, it's kind of hard to miss this one.
- Frugal Trader at Million Dollar Journey points us at Scotia iTrade offers commission free ETFs (at least trading them), which while a good thing isn't available for all ETFs (but it's a good start), maybe other trading houses will follow suit?
- Our amigo My Own Advisor gives us financial lessons learned from his wife, listen to your spouse, they did one thing right at least (they married YOU).
Carnivals this Week
I did make it into a carnival or two this week too:
- Mrs. Nespy hosted the Carnival of Personal Finance #327 - The Pirate Edition! which included my post Always Put off Today
- Tom over at Canadian Finance hosted the Canadian Carnival of Finance #54 which included my article Employment Stalling in Canada in August 2011
Remember
"The art is not in making money, but in keeping it. "
Author: Proverb
I really like this article which demonstrates how tired we all get hearing about the gloom and doom of the world. I, for one, try to rise above it, and remember that I have is this one moment ‘now’. I believe if more people would not let the negative get to them and remain positive, that some of these ‘disasters’ could be turned around.
We also need to get rid of the people in government who are hell bent on using the negative to get ahead and aren’t willing to put forth any positive energy or solutions. Okay, I’m done. Thanks for the article. Sally
Good list of posts. Thank you for including us on the list.
Thanks for including our cancel cable non-list. Tweeted!
Thanks for the mention!
Thanks for the mention BCM, enjoy your weekend!