Here is my post for this week that drew quite a few reader comments:
One Thing Investors Must Do for Themselves
Here are my short takes and some weekend reading:
Potato does some analysis to show that renting out part of your house doesn’t help all that much to make Toronto’s high house prices more affordable.
The Wealth Steward points out problems with floating rate note (FRN) funds that some investors like because they don’t have to lock in long-term fixed rates and suffer if interest rates rise. The trouble is that these funds carry significant risk that isn’t properly reflected in fund risk ratings.
Big Cajun Man had some post-dated cheques stolen from his son’s school which led to him paying several stop payment charges. A fee of $12.50 seems manageable until you have to pay it 10 times, but not 11 as his bank tried to charge him.
Canadian Capitalist works out how much you’d have in your TFSA if you contributed the maximum and invested in Canadian stocks, REITs, or bonds.
Million Dollar Journey answers a reader question about which type of investment account is best for holding Canadian index ETFs.