1. Jason Zweig at the Wall Street Journal reports on research into why it feels good to follow the crowd. Unfortunately, following the investing crowd is a formula for losing money.
2. Jonathan Chevreau reports that the Investment Funds Institute of Canada tried to block a Morningstar report on fund stewardship.
3. Scott Adams explains how “withdumb” leads to poor investing decisions.
4. Preet explains that the cost of the fake lake is barely a drop in the bucket of the total cost of the G8 and G20 summits.
5. Thicken My Wallet explains some of the legal defences investment advisors can use when facing accusations of misconduct.
6. Larry MacDonald isn’t taken by the “sell in May and go away” investment strategy.
7. Canadian Capitalist looks at the financial side of buying vs. renting a hot water heater.
8. With the earthquake in the nation’s capital, Big Cajun Man takes a look at earthquake insurance.
9. Gail Vaz-Oxlade explains how credit card companies calculate interest.
10. Frugal Trader got quite a response to the question of whether it makes sense to increase the Canada Pension Plan.
11. Canadian Mortgage Trends reports on the disagreement between Canada’s Privacy Commissioner and the Canadian Association of Accredited Mortgage Professionals over whether Social Insurance Numbers should go on mortgage applications.
12. Financial Highway explains some of the pitfalls of using debit cards.