This week I explained a hidden cost of trying to mimic an index with a subset of stocks:
Building Your Own Index with Individual Stocks
Here are my short takes and some weekend reading:
Canadian Couch Potato explains research showing that portfolios of index funds tend to outperform portfolios of actively managed funds. The gap is bigger than when you just compare individual funds.
Canadian Capitalist created a spreadsheet to help you estimate how much it costs to have an RRSP with a brokerage that doesn’t permit you to hold U.S. dollars.
Financial Crooks tells the story of replacing a rented hot water heater with one that was purchased.
My Own Advisor reviews Ellen Roseman’s book, Fight Back.
Big Cajun Man asks whether draining the old bottle of fabric softener into the new bottle is thrifty, frugal, or cheap. I have a different answer because I’m allergic to the stuff. It’s even cheaper to just use white vinegar in place of fabric softener.