Canadian Couch Potato reports that Vanguard will be changing the benchmark it uses for several of its index ETFs to save on benchmark licensing fees.
Canadian Mortgage Trends reports that a mortgage broker who submitted fraudulent mortgage documents on behalf of his clients in an effort to improve their chances of approval will be going to jail. They say this is a good thing because questionable mortgage documentation is all too common.
Million Dollar Journey reports stock-picking contest results to the end of Q3. The average return of the 10 participants is 4.5%. This trails the TSX at 6% and the S&P 500 at 15%. I guess I’ll stick to indexing.
Big Cajun Man is worried about the looming bacon shortage. Of course, we won’t have an actual shortage; it’s just that the price is going to rise. That’s the great thing about free(ish) markets; you can always have what you want if you’re willing to pay for it.
Retire Happy Blog says that the ability to save money is a combination of nature and nurture.
and with this shortage the bacon will taste that much better, because we paid more for it! Mmmm.... bacony and scarce !
ReplyDeleteHave a great LOOOOONG weekend
Based on consumerism of the past few years, it's a virtual certainty we will start to see "don't pay a cent" events for bacon.
ReplyDeleteHave a great long weekend!