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Frigid Temps, Plunging Oil, Paris and #BestThisWeek

The Winter has come to Ottawa, with frigid temperatures, that remind us that the concept of Global Warming is a bit of a misnomer, but climate change might be nice (a little warmer in January please). When your wheels freeze squared you know it is a cold day in Canada.

Thanks to a glut of oil on the market, gas prices continue to plummet to 20th Century levels. Here in Ottawa, we have seen 88.6 cents per litre gasoline and there are rumours of even deeper price cuts coming very soon. This is not very good news for the Canadian economy, with many layoffs in the Oil Patches, and Oil related businesses. What is causing this? I really don’t know, but it is causing troubles for countries like Russia and Venezuela, I wonder if someone is trying to make this happen? Interesting political intrigue if that is the case.

Normally I wouldn’t write about the horrific events in Paris, but seeing as I am a member of the media (note the small m) I am appalled by the events. Je suis Charlie, has become the battle cry for those in France, and I am glad to see the outpouring from the Political Satirists around the world. When 12 people are murdered in this fashion, for the reasons put forward, it is simply an abomination.

Site note: If you feel so inclined my site now has a cert, so you can now read https://www.canajunfinances.com if you so choose. I am still knocking the kinks out of things, but it should work just fine for you.

My Writings for Week Ending January 9th

The raw cold reminds me why I love the summers so much, and how I should cherish those days:

  • Last week I wrote a quick note about Quicken and transferring Mutual Funds which really wasn’t about Quicken, it was more of a step by step on how to transfer I series Mutual Funds at TD to the much lower MER E-Series Funds
  • Happy Financial New Year is me again reminding you of the importance of starting the new year on the right foot (or left foot if you wish) and some of the things you should be thinking about.
  • Are the money media folks going into Financial Jargon Overload ? I think some of the TV outlets are way over the top, but most financial writers try to not overdo some of the more, shall we say, trite claptrap we here in other areas.
  • Random Thoughts on 2014, Welcome to MMXV and #BestOf how well did 2014 really go?
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Cuba, Rubles, Christmas and #BestThisWeek

Interesting to see that the U.S. will try to normalize relations with Cuba after 50 years. This will mean for Canadians that Cuba will not be quite as cheap as it has been, and worse it will be a lot busier. Should be interesting to see if this turns into a political hot potato for Democrats during the next elections, as the Republicans are already calling it the worst mistake since Chamberlain appeased Hitler in 1939. I am sure the Cuban economy will enjoy the eventual influx of Yankee tourists.

Christmas Tree
This Year’s Tree

The Russian ruble is dropping in value like a stone, thanks to many factors, but the EU and American sanctions cannot be helping things out, that, and the fact that Oil Prices are ludicrously low. Interesting to see how this all shakes out, and whether this disables or slows down the Electric Car industry ( I hope not, I think Electric cars are the right way to go) and other alternate energy businesses.

Sad to see my alma mater having a cheating scandal during final exams, does seem like a very odd story.

Christmas is next week, a time for folks to get together with friends and family and enjoy the Festival that typically starts the Christian Church’s year. For those who don’t attend Church, enjoy the time with your loved ones or someone you love, don’t worry about the presents, or the rest, it is all about family and friends.

Come on by, there will be some new content, and maybe some old favourites will return as well.

My Writings for Week Ending December 19th

Christmas is practically here, what are you doing to be Christmassy this year :

  • Having problems with your resolutions, here is a novel idea  Financial New Year Resolution, Start Now! That way you can fail that much earlier, no wait, that isn’t what I wrote (was it?).
  • I do miss John Houseman’s authoritative tones on TV, but with Make Money the Old Fashioned Way, Earn it, I wondered does anyone really earn their pay in the investment world?
  • Do you want to know my sure-fire investing scheme? Boy you are gullible, when do you think I’d tell anyone if I figured out how to make a fortune (unless it was to get everyone to send me money, on how to make a fortune).
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