I only managed to write one post in the past two weeks, but it seems to have resonated with quite a few readers:
The Average Canadian Family’s Taxes
Here are some short takes and some weekend reading:
Life Insurance Canada explains one of the tactics an insurance company uses to make it hard to convert your life insurance at work to an individual policy (see the second case in the article). I’ve often said you can’t count on being able to maintain insurability with a group life insurance plan if you become ill.
Big Cajun Man explains the catch-22 of having to pay tuition before being able to withdraw from an RESP.
Larry Swedroe summarizes interesting research by Hersh Shefrin and Meir Statman into investors’ irrational preference for dividends. It turns out that there are several behavioural issues at play.
Million Dollar Journey answers a question from a reader whose financial position looks strong but contains substantial hidden risk.
Boomer and Echo reviews Fred Vettese’s book The Essential Retirement Guide: A Contrarian's Perspective. I reviewed this book as well.
My Own Advisor answers a reader’s question about how to build savings on a modest income.