I managed only one post in the past two weeks:
Biggest Mistakes Retirees Make with Their Investments
Here are some short takes and some weekend reading:
Robb Engen explains one of the many predictable errors we make: the illusion of wealth.
Preet Banerjee interviews Scott Terrio about the ins and outs of consumer proposals and bankruptcy. Scott has some crazy stories of how far people can get into debt.
Canadian Couch Potato discusses robo-advisors with Professor Pauline Shum-Nolan. One of the themes is the fact that current robo-advisors aren’t very adaptable to the desires of clients in the types of stocks included in portfolios. I’m of two minds about this. On one hand, it’s good to give people what they want. On the other hand, when most of us act on our ideas about investing, it costs us money.
Big Cajun Man appeals to people to apply for the Disability Tax Credit (DTC). There is a lot of money at stake.
As Gretzky said, "You miss all the shots you do not take!". It becomes frustrating to hear of folks who simply are afraid to be given a negative response. The answer is always no if you don't ask.
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