Short Takes: Lowering Interest Rates, Closed Stock Markets, and more

Here are my posts for this week:

Alternative Canadian Indexes

The Average Investor

Here are some short takes and some weekend reading:

Tom Bradley at Steadyhand called for higher interest rates in Canada. However, Rob Carrick reported that the Bank of Canada just lowered interest rates. Then Tom Bradley followed up with comments on the interest rate decrease concluding that the Bank of Canada is more concerned about the short term than the long term. However this all plays out, the cheap debt party can’t last forever.

Canadian Couch Potato found that it’s not a good idea to trade a Canadian ETF that holds U.S. stocks on a day when the U.S. stock market is closed.

LSM Insurance explains why paying your life insurance premiums yearly instead of monthly can save you a bundle.

The Blunt Bean Counter clarifies which self-employed Ontarians will be eligible for the Ontario Retirement Pension Plan (ORPP).

Big Cajun Man has more trouble taking money out of a TD RESP. Anything that takes multiple visits to a branch to sort out doesn’t sound very pleasant.

My Own Advisor says he’s still discouraged about retirement even though Malcolm Hamilton says “Canadians are unduly and irrationally discouraged about their [retirement] prospects.”