Friday, June 3, 2011

Short Takes: Saving the Bank Ombudsman, Beating Wall Street, and more

Rob Carrick is drumming up support for the Ombudsman for Banking Services and Investments (OBSI). The big banks are gearing up to do away with the OBSI which may be reason enough for consumers to oppose such a change. OBSI provides a no-cost place to resolve disputes with the financial industry and even if it isnt perfect, it may be worth saving.

Bradford Cornell explains how small investors can easily beat Wall Street if they refuse to play the Streets game. This is a very clear explanation of why the small guy is well-served by passive investing.

Wealthy Boomer finds the top 5 reasons why employees are apathetic about saving to be very childish.

Canadian Capitalist isnt ready to invest in BMO's new covered call Canadian bank ETF.

Larry MacDonald thinks it is time to send Canada Post out to pasture.

Money Smarts answers a reader question about how to make sure that RESP money not used by one child will be available for younger children.

Preet Banerjee explains that almost anyone can call themselves a financial planner in Canada.

Big Cajun Man takes an interesting romp through his life to explain why hes not rich.

Retire Happy Blog explains the retirement sweet spot when it comes to income taxes.

Million Dollar Journey marches ever closer to the end of the journey. I look forward to the name change: Ten Million Dollar Journey.

2 comments:

  1. Hi there,

    I came across your blog via the excellent G&M series about Canada's best personal finance blogs. This is a great read, and I'm looking forward to following along and participating if I can. Great list of blog posts here too.

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  2. @Nevin: Thanks. Your input is welcome!

    ReplyDelete