Here are my posts for this week:
Going from BMO to Tangerine Chequing
The Elephant in the Room with Annuities
Here are some short takes and some weekend reading:
Garth Turner wrote a very interesting piece explaining how important information for real estate buyers is readily accessible in the U.S. but not Canada.
Tom Bradley at Steadyhand has some very sensible thoughts on debt and real estate.
Boomer and Echo liken the new information Canadians will get from their financial advisors (called CRM2) to the Enlightenment centuries ago. This is a bold analogy, and I hope CRM2 proves to open Canadian investors’ eyes to the fees they pay.
Big Cajun Man has some fun playing a variant of buzzword bingo he calls RRSP bingo.
My Own Advisor recommends some books for newbie investors.
I was hoping someone would yell BINGO on that, but never got any comments that suggested that was the case, thanks for the inclusion and have a great weekend!
ReplyDeleteThanks for the mention Michael. I suspect you won't be buying annuities for yourself, ever? I suspect you won't need the fixed income guarantee?
ReplyDelete@Mark: I wouldn't say never. If real interest rates ever rise and I can get a CPI-indexed annuity with a reasonable payout, I'd consider it.
DeleteOk, maybe comparing the investment industry with the Catholic church was a bit of a reach, but I'm hoping the new disclosure rules spark a dramatic change in the way we invest going forward.
ReplyDeleteHave a great weekend!