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Short Takes: Passive is a matter of degree and more

Preet Banerjee explains that the S&P/TSX index isn’t the same thing as the Canadian stock market. This illustrates that “passive management” is best thought of as a matter of degree rather than a binary condition. It is impossible to own a portfolio that exactly reflects a country’s investment opportunities. However, it is possible to come reasonably close.

Million Dollar Journey did a net worth update. He’s more than half-way to a million dollars. Does this mean that this blog is nearing its end? Perhaps hiding assets in a shell company could keep this blog alive longer. I’m sure that there are plenty of corporate accountants around who are skilled at hiding assets and liabilities.

Money Smarts reviews the book Pensionize Your Nest Egg.

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Comments

  1. Big Cajun ManOctober 8, 2010 at 5:55 AM

    I'd like to think I was duped, but have a nice long weekend anyhow.

    ReplyDelete
  2. Michael JamesOctober 8, 2010 at 7:55 AM

    @Big Cajun Man: Is there a difference between "tricked" and "duped"?

    ReplyDelete
  3. PreetOctober 9, 2010 at 11:05 AM

    Thanks for the link MJ! Have a great long weekend. See you in a few weeks...

    ReplyDelete

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