Friday, August 26, 2016

Short Takes: Insurability for Life Insurance, RESP Catch-22, and more

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.

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.


  1. I discussed that exact point with Kerry from Squawkfox, and we agreed that the RESP withdrawal system seems to be overly obstructive. Thanks for the inclusion this week, enjoy the end of the summer

  2. I read through Larry Swedroe's post, and it was quite interesting indeed. I could put some pro-dividend arguments as well, but the best take away I got from his piece is that dividend stocks are (currently, at any rate) overvalued vs non-dividend stocks.

    1. @Gene: That's what he said. I'm not inclined to act on this information, though. I'm content to hold both dividend and non-dividend stocks.

  3. I also read larry swedroes comments with interest, although they weren't surprising having followed a number of his books, articles before.
    I'm inclined to generally agree, but am satisfied now with indexing that combines dividend and non dividend payers. I also agree there is a trend in the market that has driven the dividend payers valuations even higher.