The highest bid so far in the bloggers for charity auction for a post on this blog (see here for details) is $100. Bidding will close tonight at 11:59 pm EST. I will update this note with further bids.
Jason Zweig has some examples of small investors being harmed by strange results when trading stocks. He gives some suggestions for protecting yourself against these infrequent but costly problems.
Ellen Roseman thinks that the Rogers-Bell collaboration to buy a majority stake in Maple Leaf Sports and Entertainment is bad for Canada. I agree with her. These companies' near monopoly status allows them to treat their customers poorly to increase profit. If anything we should be looking at breaking up these companies to improve competition.
Canadian Mortgage Trends says that 6.5% of Canadian mortgagors currently pay more than 40% of their income to service debts, but that increasing interest rates would drive that percentage higher.
Money Smarts finds that Canadian Tire's "1% rewards" card actually gives a much lower reward than advertised due to truncating purchase prices. Maybe they don’t have any computers and don't like working with too many digits. The next time you're there to buy something for $129.99, try offering them $100 just to keep things simple.
Wealthy Boomer weighs in on the 2-page Fund Facts that Canada's fund companies now provide for each fund.
Canadian Capitalist says that if you're unhappy with high MERs, you should vote with your wallet.
Gail Vaz-Oxlade explains a retailer trick that gets us to pay more. I think this one has worked on me many times.
Potato gives a thorough and convincing explanation of why the solar electricity MicroFIT program exists despite the fact that it loses the government money.
Big Cajun Man has some snappy answers to (stupid) financial questions modeled after Mad Magazine. A couple of them had me laughing out loud.
Million Dollar Journey edges ever closer to his goal of a million-dollar net worth. Will he shut down his blog when he gets there? I hope not.
Preet Banerjee says to hold on to your long-term investing strategy even when it hasn't performed well lately.
Larry MacDonald says that the European Central bank could end the EU crisis right now by announcing that they will print enough Euros to keep indebted EU members' borrowing costs down. However, the central bank is using the crisis to try to get indebted EU members to stop borrowing wildly.
The Blunt Bean Counter wades into the crowded space of advice on how to track expenses.
Retire Happy Blog explains why investors need to pay attention to investment fees.