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Bouncing Loonies, RRSP Season, Superb Owls and #MoneyStories

The Canadian Dollar, commonly known as the Loonie, has recently gained some value due to a sluggish U.S. economy and not because of any positive development in Canada. The Loonie has surpassed 73 cents, making a trip to the United States a much cheaper option. Gas prices, however, remain high at almost 70 cents per litre in Ottawa. But, if you’re planning to drive south, it could still be a cost-effective option.

Yes, RRSP season has started, however there does not seem to be the normal push from the banks, maybe the TFSA has finally taking some of the wind out of the RRSP sails? Maybe as the month passes we will get more hype going on.

If it is RRSP season, that must mean it is also Tax Time too. This year my last pay stub was actually quite close to my T-4 so my tax planning last month was actually quite close. Already have my copy of Quicktax, but it keeps telling me not to submit yet, they haven’t got everything ready for E-filing just yet? Interesting.

This weekend there is a sporting spectacle known world-wide for great drama and excitement. I am speaking (of course) of the 6 Nations Rugby Tournament, that starts on Saturday morning. There is some other game that has something to do with Owls and such, in San Francisco on Sunday night as well, that evidently (if you are attending) you will be surveilled (very closely). Yes, I believe Mrs. C8j will simply be swapping out the newspaper around my chair, as I do not think I will be moving all weekend (except to possibly stir the chili ).

My Writings for Week Ending February 5th

With all of us old folk talking about retirement, is there any concern about the collective knowledge of an entire generation walking out the door? In my case, think of all the Fortran, Pascal and C programming info my employer might be losing? Maybe that is why they keep asking when I am leaving?

One of the main things I learned from the original Karate Kid was the importance of balance, and if you are tired of RRSP Season (the way I am) then maybe just view it as RRSP Rebalancing Season

A Topical Tweet

A poke by Dilbert (and Scott Adams) at all my stock picking friends out there.

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