Friday, May 27, 2011

Short Takes: Cheap Currency Conversions, Debt Debates, and more

Canadian Capitalist says that he has a foolproof method of saving big on conversions between Canadian and U.S. dollars.

Wealthy Boomer reports on an Investors Group study showing that most people aren't overly concerned about debt. I find this one funny because it was an Investors Group representative who pushed hard to get me to borrow a large sum to invest in stocks just before the tech meltdown a decade ago. It's a good thing for me that I declined.

Million Dollar Journey addresses the question of why most of us aren't rich. I'm not sold that debt for leverage is necessary, but guest writer Ed Rempel makes a number of other strong points.

Preet Banerjee runs the numbers on a pitch by a door-to-door hot water heater salesperson with questionable sales techniques.


Retire Happy Blog reminds us that TFSAs can be much more than just savings accounts.

Big Cajun Man looks at the economics of buying your cable box instead of just renting it.

3 comments:

  1. Thanks for the inclusion, enjoy the rain this weekend, 10,000 slugs can't be wrong!

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  2. Thanks for the link Michael. My standard line for anyone at the door who is old enough to drive is that I never sign up for anything at the door, but I'm happy to take a brochure and look it up.

    If they're younger than that, then I'll just tell them that they are contributing to the moral decay of society... while they're still malleable. Just kidding.

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  3. Thanks for the mention Michael. I hope the IG representative did not suggest tech stocks. Though, in the investment scene of the late 1990s I won't be surprised if he did.

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