Here are my posts for the past two weeks:
Pay Down Your Mortgage or Invest?
Do Dividend Haters Exist?
Here are some short takes and some weekend reading:
Preet Banerjee does an excellent job of simplifying the explanation of the cost of breaking a mortgage in his latest Drawing Conclusions video.
Scott Ronalds at Steadyhand makes an interesting case for buying into Steadyhand’s weakest recent performer as a way to buy low and sell high.
Justin Bender does a thorough analysis of the all-in costs of ETFs of international stocks.
Mrs. January wrote an amusing open letter to Rogers.
Larry MacDonald summarizes the federal budget.
The Blunt Bean Counter explains the importance of both spouses using the same accountant for income taxes.
Robb Engen at Boomer and Echo explains why he now focuses on total returns rather than just dividends for his future retirement income. I think this is a good idea, but one example cited is risky. If you could guarantee a 5% real return every year for 30 years and you knew you’d live for exactly 30 years, then you could draw a $90,000 per year income (rising with inflation) from starting savings of $1.45 million. However, returns in the early years may be lower than 5% real, you may live longer than 30 years, and average compound returns over 30 years may be below 5% real. The safe withdrawal amount in this case is much less than $90,000.
Big Cajun Man has some tongue-in-cheek advice for finding the right tax-preparer.
My Own Advisor adds some of his own silver and bronze rules after the golden rule of personal finance.