1. Larry MacDonald reports on a study that finds that our genes are partially responsible for our asset allocation choices. It seems unlikely that our genetic tendencies concerning risk are particularly useful for investing, but we have difficulty sticking to reason to make choices.
2. Thicken My Wallet gives a clear explanation of a court battle over US mutual fund fees. If US courts decide to shake up the mutual fund industry by limiting their ability to charge unreasonably high fees, it will be interesting to see if Canada eventually follows suit.
3. Preet gives us an insider’s look at a financial advisor technique for collecting huge fees just short of retirement. Unfortunately, all these extra fees have to come out of investors’ assets.
4. Larry Swedroe reports that Americans spend about $80 billion on active management for investments each year. That’s pretty good money for a group that collectively adds no value.
5. Rob Carrick reports on Vanguard’s investor forum in Toronto. Despite the title of the article, it seems that Vanguard has no plans to bring their low cost ETF operations to Canada.
6. Canadian Capitalist finds that the book Enough Bull has some good points, but also makes its own contribution to the amount of bull in the world.
7. Big Cajun Man is concerned about bank tactics in attracting new customers on university campuses.
8. Scott Adams shows how to easily manipulate people who like to disagree with everything you say.
9. Million Dollar Journey discusses the advantages and costs of setting up a corporation.
10. Gail Vaz-Oxlade has some practical advice for rebuilding your credit rating.