Ellen Roseman shines a bright light on problems with credit reporting agencies. Imagine not being able to get a mortgage because some credit reporting agency has your name spelled incorrectly. You’d think that such a simple mistake would be easy to get fixed. Think again.
Wealthy Boomer takes a look at the free online financial advisory service Optimize.ca (or in the U.S. Optimize.com). It will be interesting to see whether people will be able to get what they need from a free online service.
Preet Banerjee explains that the S&P/TSX index isn’t the same thing as the Canadian stock market. This illustrates that “passive management” is best thought of as a matter of degree rather than a binary condition. It is impossible to own a portfolio that exactly reflects a country’s investment opportunities. However, it is possible to come reasonably close.
Thicken My Wallet explains that the apparent “death of equities” as measured by outflows from equity mutual funds is misleading. Some of this money is shifting into stock ETFs. Something else to consider is that if money really had been flowing out of stocks, this would make this a good time to buy, not a bad one.
Larry MacDonald (this web page has disappeared) lists some reasons to be cautious about owning commodities. I find the first bullet sufficiently compelling to keep me away.
Canadian Capitalist reviews the book 10 Things I Wish Someone Had Told Me About Retirement.
Big Cajun Man got tricked into signing up for a service and Bell is acting as the enforcer to make him pay the third party service provider.
Million Dollar Journey did a net worth update. He’s more than half-way to a million dollars. Does this mean that this blog is nearing its end? Perhaps hiding assets in a shell company could keep this blog alive longer. I’m sure that there are plenty of corporate accountants around who are skilled at hiding assets and liabilities.
Financial Highway tells us how to overcome fears about money.
Money Smarts reviews the book Pensionize Your Nest Egg.