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Happy New Year 2016

Merry Market Meltdown, TFSA, Wild Card Weekend and #MoneyStories

Hey there! It’s 2016, and things aren’t looking great. The stock market is in the dumps, the Canadian dollar and oil prices are plummeting, and there’s talk of North Korea having a Hydrogen Bomb. But who cares? As an Indexer, I’m not bothered by the stock market’s ups and downs. However, I’m keeping an eye on the situation in North Korea. But whatever happens, I’m confident that we’ll make it through. Here’s to a fantastic new year for all of us!

Lottery Losses
The way a lot of investors feel right now
Image courtesy of Stuart Miles at FreeDigitalPhotos.net

The New Year brings many opportunities to change or improve things. I have resolved to lose that extra weight I have packed on due to laziness on my part (sloth, gluttony and greed, can’t go wrong when you are working with the 7 deadly sins). As I have said, Debt Makes Me Sick but it is very easy to fall into bad habits as I have learned, and just because you may have achieved your goals, doesn’t mean you can abandon the methodologies that got you there.

The reason why the TFSA is not being used effectively? The name scares people, seriously, that is what the media is now spouting as great financial advice. If it was called Anal Probe it would still be an effective savings vehicle, get over it Canadians. A rose by any other name might smell as sweet.

For football fans like myself or Robb from Boomer & Echo, it will be a great weekend with 4 games this weekend and 4 games next weekend. No doubt there will be a football flavoured article coming out of this weekend as well (Go Vikings!).

My Writings for Week Ending January 8th

It is past Epiphany so you should have your decorations down by now, but remember Valentine’s Day is coming soon too:

Keep some of these great ideas and maybe re-read this on December 27th, 2016, Financial Things to do on Last Day of year.

Maybe a new way to work for 2016, Financial Rules of 3

TD may start asking for royalties, given how many posts I write about them, but if they stopped Rejecting My Mutual Fund Transactions, I might have less to write about.

Yes, more writing about TD on this one as well, more fees, more fun



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