Friday, September 18, 2009

Short Takes: Portfolio Rebalancing, Trailer Fee Rebates, and Deal Fatigue

1. Rob Carrick explains the idea of rebalancing a portfolio. The part of rebalancing that investors seem to have the most difficulty with is shifting money into stocks after stock prices drop. It’s always possible to rationalize a change in rebalancing strategy to avoid buying stocks when prices are low and investors are nervous.

2. Jonathan Chevreau explains the battle over Questrade’s attempt to refund mutual fund trailer fees to its customers (the web page with this article has disappeared since the time of writing).

3. Thicken My Wallet explains deal fatigue as a negotiation strategy. I think I’ve been a victim of this one.

4. Larry Swedroe says don’t believe the hype about gold.

5. Preet explains the tax implications of a difference between Vanguard’s ETFs and other ETFs.

6. Canadian Capitalist gives us the lay of the land in Canadian high-interest savings accounts.

7. Big Cajun Man looks at monthly bank fees as an interest charge. He’s not too impressed with a chequing account with a negative 31% interest rate. Viewing bank charges as interest makes sense if the cost of providing the account is essentially nil. If the banks do have real costs, then it makes less sense. The truth is likely somewhere in between.

8. Million Dollar Journey gives 5 steps for simplifying your finances.

9. Scott Adams wrote a funny, but unrelated to money, post about inappropriate witticisms. The additional stories in the comments section are worth a look as well.

5 comments:

  1. Thanks for the link. Thanks for posting the Dilbert blog link. I've been procrastinating but finally subscribed.

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  2. Thanks for the mention, the cost of running a chequing account surely cannot be $12.95 a month, but since Banks charge it and people pay it (and investors in the Banks get dividends), I guess it's all part of the Circle of Money...

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