Friday, November 6, 2015

Short Takes: Vanguard Canada ETF Changes, Income Tax Changes, and more

Here are my posts for the past two weeks:

The Consequences of Keeping Bad Employees

Timing Stock Market Peaks

Financial Dictionary

Here are some short takes and some weekend reading:

Canadian Couch Potato explains changes taking place in Vanguard Canada’s ETFs.

Preet Banerjee uses his latest Drawing Conclusions video to explain how Trudeau’s proposed new income tax brackets affect you.

Gail Vaz-Oxlade has an interesting list of 9 Money Mistakes people make. I’ve never come close to the first 8 mistakes, but the last one is about failing to have a budget. I’ve never had a budget in the sense Gail means and my finances have always been great. It’s likely that this only works for my wife and me because we have the right personalities for it, but Gail insists everyone needs a budget. She’s probably right that even among people who insist they don’t need a budget, most of them are wrong, but there seem to be a few of us who really don’t need one.

Kerry Taylor (a.k.a. Squawkfox) has some fun and practical ideas for introducing money concepts to young kids. One of the points made in the article is that a lot of financial lessons need to come from parents instead of leaving it to schools. I agree.

Potato reports that he encountered some door-to-door salespeople pushing investments in condo construction. Anyone considering investing with a door-knocker might consider the merits of running with scissors first.

Big Cajun Man says you pay too much for your telecom needs.

Boomer and Echo defends the two ETF investment solution based on Vanguard Canada’s exchange-traded funds VCN and VXC. With the possible addition of some fixed income, this seems like a very good portfolio for anyone who’d rather not deal with currency exchange.

Andrew Hallam writes about how John Bogle’s son manages an actively-managed fund while Bogle senior advocates index investing. A rarity for Hallam, this article doesn’t require clicking on multiple links to “read the rest of the article.”

My Own Advisor takes a look at what the Liberal’s government’s promised policies mean for him.

2 comments:

  1. We pay way too damn much for the services we receive, but luckily with the three-headed monopoly that we have there is no chance of getting a better deal, unless they are switching and are willing to sign a long term contract. Thanks for the inclusion this week

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  2. Thanks for the mention Michael. I'll check out Gail's list.

    Hope you had a good weekend,
    Mark

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