Friday, October 1, 2010

Short Takes: Mortgage Fine Print, a New RESP Book, and more

Canadian Mortgage Trends shows us what to look for in the fine print of a mortgage agreement. I would definitely read a mortgage agreement before signing one.

Money Smarts announced the launch of Mike Holman’s RESP book.

Gail Vaz-Oxlade ran into a big surprise when she tried to make a withdrawal from her RESP. Her post is partly a good rant and partly a collection of useful information – just the kind I like.

Canadian Capitalist questions Moshe Milevsky’s recommendation to use guaranteed minimum withdrawal benefit products in retirement due to their extremely high costs.

Larry MacDonald (this web page has disappeared) has some good quotes from Tim Stobbs on what it really takes to retire early rather than just talk about a dream.

Big Cajun Man managed to stop short of making the same mistake twice on purchasing home exercise equipment. Exercise equipment is the type of thing that far more people have than use. This makes for low prices on second hand equipment.

Preet Banerjee explains why hardly anyone uses the Lifelong Learning Plan.

Financial Highway explains CRA’s voluntary disclosure program and how it differs from U.S. tax policies.

Million Dollar Journey looks at the different ways you can track your spending.

Bill Mann reports that Toronto has proposed a bedbug bill that could be expensive for landlords.

4 comments:

  1. Thanks for the mention! Have a less damp weekend.

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  2. Thanks a lot for mentioning the RESP book! Have a great weekend.

    Mike

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  3. Thanks for the mention have a great weekend!

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

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