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Financial Literacy

Financial Literacy, New Cabinet, Hydro One and #MoneyStories

Do you realize that November is Financial Literacy month here in Canada? This means more interesting articles this month from some of your favorite authors banging home some of the more important topics in Financial Literacy. A good month to start reading some new finance sites and learning more about things you might not know enough about.

It’s a bold move on Mr. Trudeau’s part to have chosen a Cabinet that is made up of half women. However, only time will tell how successful this decision will be. The new finance minister undoubtedly has a tough challenge ahead of him. He must choose between blaming the previous government for leaving an empty treasury or resorting to creative accounting. Sadly, this is a common practice among elected officials.

The Hydro One IPO is coming up very soon, with a great deal of hub-bub and foofera. Is it a good thing? Is it a good deal? Should you invest in it? I most likely will invest in it, as it will most likely be reflected in one of my core Index Funds, but I will not be buying the stock directly.

My Writings for Week Ending November 6th

A busy week for me this week at home so not a great deal of new content for your Financial Literacy learning, but still some new content:

  • For those non-Church goers out there Sunday was All Saints day and I did manage to put out a best of tweets post with All Saints Money Tweets , some interesting stuff in there.
  • The one new post for the week was a play on the assertive way many presenters try to convince you of the “truthiness” of their statement with 99.9% of Financial Bloggers Agree, I was thinking of title’ing it 30 Helens Agree (financially), but changed my mind (Kids in the Hall are always a fun thematic premise to work from, I could write about these are the Marks in Finance I know…) .
  • I have talked about Financial Literacy in the past so here is last years start with What is Financial Literacy.



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Scary Financial Tales

Spooky Prices, Falling Back, and #MoneyStories

Halloween is tomorrow, and it seems to have become yet another excuse for folks to lose their minds decorating their houses. I think a significant growth industry would be convertible home decorations, which can change from Halloween to Christmas with a simple switch. The lights should be easy enough, but I am unsure how you might change a 10-foot-tall inflated ghost into a 10-foot inflated Rudolph? Did you realize in 2011, 13.3 million Canadian homes gave out Candy? That is a lot of homes (and even more Candy).

Clock

Time to Fall Back !

Some very spooky food prices this week as well, OK, last week, but I note that no one seemed to really care that much about it. The election is, however, a hot topic with many of our regular contributors in terms of how the change in government will affect their lives (and yours as well).

Also, remember that on Sunday morning (really early) the clocks go back an hour, which means that if you don’t do anything, you will be early to work on Monday morning. The only way I remember is Spring Forward, Fall Back. The one nice thing about most technology is that they change their clocks themselves (except for older technology which changes on the wrong days).

For me, it is a lovely weekend ahead as well as the Rugby World Cup Final on Saturday, with New Zealand playing Australia. I think this time, I will cheer for the All-Blacks.

My Writings for Week Ending October 30th

It’s another fun Halloween ahead, or as we call it at my house, my youngest daughter’s birthday. Halloween is an OK time to have your birthday. You don’t end up getting short-changed on presents as much (like those unfortunate folks born on Christmas Day or around then).


Facebook Post of the Week

What do you mean there can be negative interest rates? In Sweden this may well be the case!


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