1. Big Cajun Man reports that Canadians’ personal debt is rising at a record pace.
2. Canadian Financial DIY finds a fund whose management doesn’t get paid unless the fund makes money.
3. Guest blogger Daniela Garritano has some detailed energy saving tips for cold weather.
Thanks for the mention and enjoy the Turkey, hopefully it doesn't taste like fiberglass.
ReplyDeleteHi Michael, thanks for the link but ... as you will see from my comment in reply to Preet's comment, I've had to change my tune from praise to condemnation. There's no real benefit, indeed you would be likely to end up paying more in fees over an extended period of years. Another object lesson in how the surface idea sounds good but one must look closely at how it can work in practice.
ReplyDeleteCanadian Investor: This doesn't necessarily mean that the idea is wrong. It's just that this particular fund used a formula that is too rich.
ReplyDeleteThanks for the mention Michael. It seems that most of my readers feel that federal politicians are paid fairly.
ReplyDeleteMDJ: Based on my very limited sample, people are either outraged or care little. Personally, I just think that the pay is insignificant compared to the amount of public money they control. How they manage that money matters far more than how much they get paid.
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