Here are my posts for the past two weeks:
Retirement Spending Stages
Choosing Investments You Understand
Taking My Investment Decisions Out of the Loop
Here are some short takes and some weekend reading:
Jonathan Clements explains why stock investors should expect about 6% return per year and 2% inflation for the next 10 years. A 4% real return sounds just fine to me. I’m not sure why we “need to save like crazy to compensate for the market’s likely modest gains.” However, I’m definitely with him that investors “should make sure they capture as much of those gains as possible, by opting for low-cost market-tracking index funds.”
Canadian Couch Potato explains why certain criticisms of bond indexes are wrong.
Larry Swedroe explains how some funds “juice” their dividends to exploit some investors’ preference for dividends over other types of returns.
Tom Bradley at Steadyhand adds to my list of complaints about index-linked GICs.
Jonathan Chevreau explains that Real-Return bonds aren’t as safe as they appear because it’s difficult to match their maturities to when you’ll need to spend your money.
Dan Hallett has an optimistic view of what will happen when new disclosure rules for financial advisors kick in. I hope he’s right.
Squawkfox uses her foray into gourmet olives to motivate us to track our spending. It can be an eye-opener to see where the money goes.
Big Cajun Man explains the latest step he’s had to take so that CRA will continue to recognize his son’s disability.
Million Dollar Journey says the easiest way to save money is to examine your biggest expenses.
Gail Vaz-Oxlade summarizes what you need to do to be ready to begin investing. Once again I meet all of her criteria except for “If you’re not living on a budget you’re not ready.”
Boomer and Echo helps a reader deal with RRSP over-contributions.
My Own Advisor tests himself on Gail Vaz-Oxlade’s 9 major money mistakes. He definitely gets a passing grade. But, like me, he doesn’t have a budget. I’m always torn talking about this because I see no need to have a budget myself, but I know others who desperately need one but don’t have one.
The Blunt Bean Counter has a guest expert explaining estate planning for blended families who have a marriage contract and others who don’t have a marriage contract.