Friday, October 23, 2009

Short Takes: Estate Summary, Rare Financial Plans, and Bell Problems

Short Takes: Estate Summary, Rare Financial Plans, and Bell Problems

1. Canadian Capitalist tells us from personal experience the importance of keeping a one-page account summary to help family sort out your finances after you’re gone.

2. Million Dollar Journey reveals that financial advisors rarely create proper financial plans for their clients.

3. Ellen Roseman has an unbelievable collection of bad Bell customer experiences. My own experience with Bell over the decades has been problematic as well.

4. Thicken My Wallet does a great job of explaining the dilemmas involved in trying to treat Madoff’s investors fairly.

5. Potato makes the case that while market timing in stocks is near impossible, it may be possible to time the real estate market.

6. Big Cajun Man has a funny illustration of the importance of having a target for your finances and ... uhh ... other things.

7. Preet explains why over the long run stocks have to give better returns than guaranteed investments.

8. Gail Vaz-Oxlade has a good rant about the need to save for retirement. One thing I would add is that it’s not enough to save a specified amount of money. You have to save more than your neighbours. The cost of having young people fill jobs to service your needs in retirement will rise if there are a lot of retirees with the money to pay for them.

9. Canadian Financial DIY reviews the book The Secret Language of Money.

5 comments:

  1. Thanks for the link MJ. No need for financial suicide - maybe your tax story could make it on as a small segment on financial horror stories beyond your control...

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  2. Thanks for the mention Michael. Have a great weekend.

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  3. Thanks for the link. Have a good weekend.

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  4. Ready, Aim, FIRE!!!!!

    Hope I hit it....

    C8j

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