Here are my posts for the past two weeks:
A (U.S.) Penny for Your Thoughts
How Not to be Wrong
Building a Tolerance for Debt
“The Foundation of Financial Independence is a Paid-for Home”
Here are some short takes and some weekend reading:
The Reformed Broker has a very sensible take on the news that George Soros is betting against global stocks. No doubt Mr. Soros has high moral character, but if he were acting purely in his own self-interest, he would be best served by leaking this story shortly before buying out his short position and going long.
Robert McLister warns us about a mortgage broker scam where the broker offers cash-back to effectively lower your interest rate but gives too little cash for the claimed reduction in interest rate. This is closely related to cash-back mortgages that I analyzed years ago and created a calculator to compute the effective interest rate for a given amount of cash back.
Larry Swedroe explains why using collar strategies to limit portfolio downside puts a drag on returns.
The Blunt Bean Counter explains the tax implications of divorce when you own both a home and a cottage. Without proper planning, you could end up in a race to see who can use the capital gains exemption for principal residences. The stakes can be quite high.
Boomer and Echo compares Boomer’s family’s spending to that of Mr. Money Mustache, who is known to be very frugal.
Big Cajun Man says you should check on your automatic withdrawals and deposits periodically. He had a case where a bank mysteriously stopped moving his money.
My Own Advisor takes a peek into Kyle Prevost’s portfolio. It’s quite close to mine.
Million Dollar Journey has an update on Frugal Trader’s push to financial independence. As many people have found, being a millionaire doesn’t provide the same lifestyle it once did.