Short Takes: Interest Rate Forecasts and more

Canadian Mortgage Trends explains how wrong Amanda Lang is about the ability to forecast interest rates and how quickly they can rise or fall.

Preet Banerjee interviews Financial Advisor John DeGoey who has some very blunt words to describe the state of the financial advice industry.

Canadian Couch Potato explains how the cost of currency conversion has nothing to do with current fair exchange rates.

Million Dollar Journey gives a snapshot of where he is with his RESP, which is based on TD e-Series mutual funds. He also lays out his complete RESP strategy for shifting from stocks to safe investments as his children approach the end of high school.

Big Cajun Man says that store-fronts for the telecom companies like Bell and Rogers are no-ops in the sense that they offer little of value over visiting the company’s web site. Increasingly, low-level employees of businesses have almost no discretion to make any decisions themselves. Business strategies are created at the corporate level, coded into software for the company web site, and broken down into inflexible rules for low-level company employees.

Freakonomics discusses a better way to measure inflation than governments currently use.