Here are my posts for this week:
Norbert’s Gambit Catch at BMO InvestorLine
The Pension Debate
People seem to be writing less during the summer months, but here are a few short takes and some weekend reading:
Andrew Coyne explains that the CPP switched from passive investing to active investing in 2007. Investment costs are approaching 1% of assets per year. This is disturbing. Whether CPP returns beat benchmarks or not, those who collect their share of the hundreds of millions in fees are strongly motivated to continue this active approach.
Dave Liggat takes a poke at those who try to forecast the unforecastable.
Big Cajun Man has three financial rules of thumb to help keep you out of debt.
The Blunt Bean Counter explains RRIFs.