Friday, September 16, 2011

Short Takes: Backfill Bias, Commission-Free ETF Trading, and more

Preet Banerjee explains how backfill bias artificially pumps up the average returns reported by mutual funds. I thought survivorship bias, where bad funds get closed and no longer affect the average, was bad enough. Now we find that some funds wait to see if they perform well before retroactively including them in mutual fund averages.

Larry Swedroe shows that Edward Jones’ strong financial results may be bad news for its clients.

The Blunt Bean Counter makes the case that an accountant is often more valuable than a lawyer when you’re in trouble with CRA.

Retire Happy Blog goes through the different events that make it difficult to control when you retire.

Money Smarts works through detailed examples of how to generate estimates of home maintenance costs for your budget.

Big Cajun Man is literally sickened by misuse of the word “literally”.

Million Dollar Journey explains how to calculate a defined-benefit pension’s commuted value.


  1. I literally want to thank you for that mention, but I could only manage it figuratively (sp?).

    Have a great weekend

  2. The Blunt Bean CounterSeptember 16, 2011 at 7:31 AM

    Michael, thx for mention. Hey, in the end, who do you trust more, your accountant or your lawyer :)

  3. Thanks for the mention - have a good weekend.

  4. Thanks for the link Michael. Have a great weekend.