Friday, September 14, 2018

Short Takes: Pain of Spending, Condos, and more

Here are my posts for the past two weeks:

Avoiding the Stock Market

Where Retirement Income Plans Fall Down

10 Ways to Stay Broke Forever

Smith Manoeuvre Risk Assessment

Here are some short takes and some weekend reading:

Joe Pinsker has a very interesting article about lowering spending by increasing the pain of spending. In the end, I’m suspicious that making yourself feel pain about all spending isn’t sustainable. Somehow we need to feel fine about sensible spending and feel pain for dumb spending.

Condo Essentials has a list of signs that will allow you to spot a bad condo before you buy it. I’m not a big fan of buying overpriced condos, but you should at least check for these problems before diving in.

Canadian Couch Potato compares bond ETFs to GICs for retirees.

Big Cajun Man explains why you might want to open an RESP for your disabled child instead of using an RDSP only.

Boomer and Echo review Larry Bates’ new book, Beat the Bank: The Canadian Guide to Simply Successful Investing.


  1. Thanks for the inclusion this week, yes if there are more ways to save for your Disabled child, please explore them!

  2. Thanks for posting the article on spending tracking. I've tried tracking my eating out and felt guilty for going over budget. Then i didn't track it and i felt it increased. Now i will try tracking again. I liked Ariely's suggestion to record it before you spend it. Good to pay attention to frictionless spending like amazon iclick.

    1. @Christina: Ariely is a very smart guy. I hope his ideas work for you.