Here are my posts for this week:
Vanguard Shifts to Alternative Strategies
April Fools? Not Really
Here are some short takes and some weekend reading:
Larry Swedroe gives brief and clear description of 10 common investor mistakes along with some realistic estimates of future investment returns.
The Blunt Bean Counter explains CRA’s position on how to handle exchange rates for capital gains, dividends, and income. I was pleased to find that the way I do my taxes is acceptable to CRA. Whenever I make a trade in U.S. dollars in a non-registered account, I enter the amounts in a spreadsheet along with that day’s exchange rate from the Bank of Canada currency converter. For dividends and interest income, I just use the average exchange rate for the whole year.
Big Cajun Man has a cautionary tale about a bank’s mistakes when setting up a student line of credit.
My Own Advisor has a guest post with interesting takes on some of the crazy things people say about money.
Boomer and Echo liked the One-Page Financial Plan and is giving away a copy.