Friday, November 1, 2013

Short Takes: Bitcoin Taxes and more

This week I found a problem with a trading account statement and added a new twist to my retirement income strategy:

InvestorLine Computers Charge Me Interest

A Retirement Income Strategy Revisited

Here are my short takes and some weekend reading:

The Blunt Bean Counter looks at the tax side of Bitcoins.

Glenn Cooke gives a thoughtful review of Potato’s Short Guide to DIY Investing. Glenn makes an interesting pitch for keeping your stock investments in Canadian stocks, but then admits that this is likely just emotional and that including foreign stocks is probably best. Despite his assertion that we need to get emotions out of investing, he illustrates why this can be hard to do.

Where Does All My Money Go? interviews Rich Cooper who explains some of the ins and outs of a DIY approach to settling your debts for less than you owe when you’re in serious financial trouble.

Financial Crooks reviews Ellen Roseman’s book Fight Back.

My Own Advisor has made some great progress on his 2013 financial goals.

Big Cajun Man thinks that when you’re well behind your retirement savings target, reaching for high-risk investments isn’t the answer.

Million Dollar Journey looks at the advantages and disadvantages of commuting by bicycle. For me the big disadvantage is safety. I used to love cycling but stopped because I always had to travel beside cars for parts of my trip.


  1. Thanks for the inclusion, "doubling down" in Vegas is a strategy loved by the Casinos too, have a great weekend.

  2. Sorry to hear you're not comfortable cycling because of cars on the road. I was going to say something snide like "Be careful walking, too! I hear cars drive right next to sidewalks!" But if you're not comfortable with it, you're not going to say "Maybe I will try cycling, now that a random jerk on the internet has made a smart-ass comment about it!" We all do what works for us.

    1. @Anonymous: Actually, my fear is that I will become comfortable with cycling around cars. It's hard to get good data, but I'm convinced that a mile cycled around cars is more dangerous than a mile driven in a car. If I could get anywhere sticking to bike paths (not bike lanes on roads) I'd love to get back into cycling.

  3. Thanks for the mention Michael.

    Have a great weekend,

  4. I understand about the cycling. Around here it's not just the cars. We have "vacuum leaf pickup" in the fall. Homeowners are requested to rake their leaves to the curb so they'll be there to be hoovered up when the truck comes through. The leaves usually end up in the road, though, for a few weeks, not on the grass. Makes for deadly cycling when they're wet and/or mixed in with large sticks.

    And belated thanks for the mention!

  5. (Belated) thanks for the mention, Michael!