Friday, December 10, 2010

Short Takes: Hidden iTunes Charges, a Bad Year for Active Management, and more

Many parents keep their young children quiet for a while by letting them play games on their iPhones and iPads. They may want to rethink these diversions after reading about kids who managed to rack up triple-digit iTunes charges. This trap even caught parents who tried to make sure that their kids wouldn’t have access to the ability to purchase game tokens.

Larry Swedroe reports that active managers really took a beating in 2010.

Canadian Capitalist explains the “TFSA December shuffle” to move your money from one TFSA to another without running afoul of TFSA over-contribution rules.

Scott Adams suggests that we celebrate a National Discard Day as an antidote to all the stuff we accumulate at Christmas.

Big Cajun Man finds an analogy between the latest Bank of Canada interest rate decision and a funny story about a tattoo.

Million Dollar Journey has been at it for 4 years and is celebrating with some give-aways. Congratulations on 4 great years!

Preet Banerjee explains the different ways of insuring your portfolio against loss. There is no free lunch, though. You have to pay for safety.

Financial Highway (this web page has disappeared) reviews the book Changing the Conversation which takes a very different look at financial matters.

Larry MacDonald (this web page has disappeared) isn’t a big fan of finder’s fees in financial services.

Canadian Financial DIY explains how income taxes increase the effect of inflation on investment returns.

Money Smarts looks into why investors tend to fill their TFSAs with just cash and GICs.

4 comments:

  1. I am not a big fan of finder's fee either, if I like a certain service or product I'll recommend it to friends and family without any potential for financial gains. Thanks for the link and have a great weekend!

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  2. Thanks for the mention, hopefully a warmer weekend awaits.

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  3. Hi MJ, thanks for the link. Enjoyed Big Cajun Man's post. Analogies are so delicious at times.

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