Financial Advice in the Oddest Places
Finding financial advice in odd places always makes my day, and I was pleasantly surprised reading Cosmo and they have a personal finance section.
Canajun Finances
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2014
“I’m an indexer. I don’t care what the indexes did today!”
Strangely if you do index investing, you don’t check the indexes every day, you check once in a while and rebalance accordingly.
It is Done, Ice Bucket Challenge, Media Perceptions and #theBestFin4TheWeek
This week Robin Williams decided he couldn’t deal with the inner demons (or Parkinson’s Disease, evidently) he had, and ended his life. Everyone has choices in life, but if you are having these thoughts, please go get help before you make any final decisions.
The ALS (Amyotrophic lateral sclerosis ) “folks” in the states seem to have found a viral shtick that is catching on and that is the Ice Bucket Challenge. It seems many celebrated folks are dowsing themselves with Ice Water to show their support for folks suffering from ALS (if you click on the Ice Bucket Challenge link, you’ll get to where you can donate to the ALS Canada organization). ALS (to me) is the most frightening disease out there, and when they find a cure, I will celebrate.
The #IfTheyGunnedMeDown movement in the states is an interesting commentary on the media’s portrayal of minorities. I am confident if I am mentioned in the news in some fashion it will most likely be a very unflattering photo, but I am curious to see if the media changes their use of Social Media to find unflattering photos for folks in News stories?
My Writings for Week Ending August 15th
Lots of rain in Ottawa, and a chill in the air that is reminding us there are only 19 more Fridays until Christmas!
- WW1 Centenery, More Hacked Passwords and #theBestFin4TheWeek was the list of the good writings from the week of August 8, 2014.
- Stats Canada’s news last week about Moribund Job Growth in Canada, underlines the problem that this economy seems to be creating a large number of part-time jobs, but not enough full-time jobs. Will Part-Time become the new norm in this economy?
- Even though we have had the TFSA for a while folks are still having problems getting the hang of the TFSA Two Step, the important factor to remember is that it is not like a regular savings account, so read the rules carefully.
- I got to meet with a Financial Planner when I was laid off from Nortel, and I did write about it 6 years ago, so I figured it was time to do a Financial Planner Retrospective, given I now have 20/20 hindsight to rely on.
Financial Planners a Retrospective
Are financial planners a good thing? As with all questions about money, it all depends on who you get.
TFSA Two Step
At RRSP time what do you do with the tax money you save? Maybe time to do the TFSA two step and put the tax money in your TFSA
