Friday, November 4, 2011

Short Takes: Cheap Gas at Costco, Variable Rate Mortgages Now Less Attractive, and more

Big Cajun Man reports that Costco is selling gas for about 5 cents less per litre than other stations.

Rob Carrick says that recent action by banks has made fixed mortgages much more attractive than variable mortgages.

Larry Swedroe says that the U.S. Department of Labor made a mistake in abandoning a fiduciary standard for financial advisors.

Preet Banerjee has a warning about how you can pay triple for your life insurance if you're not paying attention when you renew.

Canadian Capitalist found an interesting anomaly in the pricing of the U.S. Dollar Currency ETF called DLR that affects his method of converting between Canadian and U.S. dollars cheaply.

Canadian Financial DIY thinks very highly of the book Financial Statement Analysis. I'm not a fan of trying to beat the market by selecting stocks, but if you're going to try you must be able to read financial statements.

The Blunt Bean Counter has some first-hand experience observing how people react to big cash windfalls.

Canadian Couch Potato reviews the book Millionaire Teacher.

Financial Highway runs through the factors that affect the interest rate on your loan.

Retire Happy Blog outlines the 3 basic steps to creating a retirement plan.

Money Smarts says that buying an annuity is like creating a gold-plated government pension for yourself and wonders why annuities aren't more popular. I suspect the answer has to do with a lack of forced savings leading to not having a big enough lump sum to buy a sizable annuity.

4 comments:

  1. Thanks for the mention.

    Good point about a lack of forced savings - very true, I'm sure.

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  2. The Blunt Bean CounterNovember 4, 2011 at 7:48 AM

    Michael,Thx for link. I have a variation on your financial prophet blog this week coming someday. You are so right.

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  3. Thanks for the mention have a great weekend!

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  4. Great variety of articles... They are very helpful. Regarding cheap gas at Costco, I think you can find cheaper gas if you look around. Fortunately for me, there is a cheaper gas station just around the neighborhood which I always go there. I get about additional 5 cents cheaper and I always use credit card to get additional 1% cash back.

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