Friday, February 26, 2010

Short Takes: Mutual Fund Scorecard, Credit Card Fatwa, and more

1. Larry MacDonald takes a look at the latest scorecard comparing Canadian mutual funds to their indices. I like the way Larry takes a thoughtful and balanced view. He correctly focuses on longer-term comparisons rather than just one year and points out legitimate concerns about the fairness of the comparisons.

2. Big Cajun Man finds some common ground with an Imam who declared a fatwa against credit cards because they contain usury.

3. In a strange tax case ruling, a judge orders legal costs for an Ontario couple despite the fact that they lost their case (the web page with this article has disappeared since the time of writing). The judge’s motivation seemed to be to punish CRA in the only way he could.

4. Thicken My Wallet explains the motivations behind doomsday predictions. A great quote: “one can only conclude that Dent’s research found that investors are suckers.”

5. Canadian Capitalist takes Tim Hortons to task for their expensive dividend reinvestment plan. All the fees make them look like a bank.

6. Balance Junkie is optimistic about the Canadian Finance Minister’s task force on boosting financial literacy.

7. Tom Bradley doesn’t think the ability to trade ETFs during the day is an important advantage over mutual funds. I agree. I’d be happy if there was trading for only one hour per week.

8. Where Does All My Money Go? is giving away 4 free UFile tax return preparations.

9. Frugal Trader reviews QuickTax Platinum and is giving away 5 copies.

7 comments:

  1. Thanks for including my post. Have a great weekend! I don't know about you, but I'm going to try to take in as much of the last moments of the Olympics as I can. (Go Canada!)

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  2. Thanks for the mention and remember to keep your stick on the ice too.

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  3. Thanks for the link. Cyber crimes are growing and growing. I had my gmail account hacked, and I'm seeing lots of people with hacked twitter accounts now. Scary stuff.

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  4. Thicken's quote is a good one. Thanks for the mention!

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  5. Thanks for mentioning my post and kind words. CC's post on Tim Horton's DRIP was an eye opener.

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  6. Thanks for the link. Hope you had a great weekend.

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