Friday, September 24, 2010

Short Takes: Accounting Sleight-of-Hand, Stock Market Reaction to Aging Boomers, and more

Want to read about an accounting trick that will make you shake your head? Some U.S. states are booking savings now for cuts to the pensions of workers who haven’t been hired yet. In a similar vein, I just saved thousands of dollars by deciding not to buy clothes in the decade after I die.

Larry Swedroe explains five reasons why an aging society doesn’t mean stock market doom.

Canadian Couch Potato brings us the story of a woman who tried to set up an investing account at a TD branch. The catch is that she wanted to buy TD e-Series funds and not the usual high-cost funds that get sold to unsuspecting customers. This one is quite funny.

Canadian Capitalist compiles his list of ETFs he wishes existed.

Larry MacDonald (this web page has disappeared) makes the case that China is in a big speculative bubble that may pop.

Preet Banerjee thinks that HXT, the new Canadian ETF covering the S&P/TSX 60, isn’t all that risky and prefers it to XIU.

Rob Carrick isn’t mincing any words: “stop buying bond funds.”

Big Cajun Man is shocked by the prices of recreational vehicles.

Million Dollar Journey conducted a poll to find out how much of their income people save.

Tom Bradley thinks that even with the higher capital requirements for the world’s banks, they’re still not high enough.

Money Smarts makes the case for not automatically reinvesting dividends.

Financial Highway explains taxpayer relief provisions.

My Own Advisor reports on his progress to generating enough passive income to avoid having to work for “the man” forever.


  1. Thanks for the mention, enjoy Golfing.

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

  3. Thanks for the mention Michael, have a great weekend!

  4. Cheers. Hope you are in town the third week of October.

  5. @Preet: I don't have any travels plans for the third week of October. If you're going to be in town, I'd be happy to see you.