Short Takes: Advisor Benefits of Low Fund Costs, High Frequency Trading, and more

I'm on vacation this week which leaves this week's short takes a little thinner than usual. Here are my posts for the week:

What Distinguishes Good Financial Advisors from the Poor Ones?

Feds Announce Sweeping CPP changes

More on CPP changes

Here are some short takes and some weekend reading:

Preet Banerjee shows how financial advisors could make $1 million more in their lifetimes if their clients invest in lower cost products, even if the percentage cost of advice remains constant.

James Osborne explains clearly why high frequency trading (HFT) is not a concern for buy-and-hold index investors. In short, HFT takes a small bite out of you only when you trade or the finds you own trade.

Canadian Couch Potato wrote a very good April Fools’ joke. The description of his new mutual fund had me laughing hard by the end.

The Blunt Bean Counter shares a retirement planning spreadsheet from one of his readers.

Big Cajun Man says that laptops don’t last as long as you might hope.