New Year’s Day Edition of Short Takes: Debt, Stop-Loss Orders, and more

Here are my posts for the past two weeks:

 Capital in the Twenty-First Century

Reader Question: Small cap and Value Tilts

Here are some short takes and some New Year’s Day reading:

Gail Vaz-Oxlade takes a couple of people to task for their claims that Canadians’ debts aren’t that big a deal (in a post no longer online). I’m with Gail on this one. In the past I’ve explained why all debt is bad and have explained my personal philosophy on debt.

Andrew Hallam explains why stop-loss orders can be a bad idea for ETF investors.

 Canadian Mortgage Trends calls for stricter punishments for bad mortgage brokers, citing the case of a broker caught violating rules and got a few “slaps on the wrist” but will “still be allowed to operate as a mortgage broker.”

Big Cajun Man walks away from Rogers to save about $100 per month.

My Own Advisor evaluates how he did on his financial goals. Three out of four ain’t bad. But it’s the dollar amounts that matter. How well he did hinges on how much added debt he took on, but I’m guessing that’s small if he plans to eliminate it in only four months.

Boomer and Echo takes a look at how much money you need to retire. As I’ve explained before, it depends greatly on how much money you want to spend.

Comments

  1. Big Cajun Man (aw)January 2, 2016 at 7:17 AM

    We shall see whether switching to Bell drives me completely insane (already running into billing issues). Thanks for the inclusion and Happy New Year !!

    ReplyDelete
  2. My Own AdvisorJanuary 2, 2016 at 10:37 AM

    Thanks for the mention Michael. Yes, 3 of 4 ain't bad but not ideal. We're glad the reno is done and we're looking forward to getting back on track with killing the mortgage in another 5 years and maximizing our TFSA for 2016. The latter is our first financial goal of this new year and we hope to maximize both accounts by the early spring.

    Happy New Year!
    Mark

    ReplyDelete

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