Canadian Capitalist

A Canadian Personal Finance Weblog

Carnival of Personal Finance # 38

March 6th, 2006 · 25 Comments

Welcome to the 38th edition of the Carnival of Personal Finance and also welcome to Canadian Capitalist. For readers new to the Carnival, it highlights blog entries that focus on personal finance topics.

Without further ado, here are the highlights:

I will Follow: Multiple Mentality’s TIAA-CREF retirement account follows him wherever he goes.

I Want my Baby Berks: Growth in Value is trying to morph his reckless growth-investing tendencies into a more stable, long-term value strategy by buying baby Berkshire (NYSE: BRK.b) shares.

Teaching Kids About Money: raising4boys.com points to a study that suggests some good topics to discuss with your kids, including how and why your family saves as well as the difference between wants and needs.

Online Bank Contact and Routing Information: fivecentnickel.com has pulled together customer service contact information, ABA routing numbers, etc. for various online savings banks.

Market Forecasting is Like Fly-fishing: Frugal Wisdom suggests that we should take market forecasts with a (big) pinch of salt.

How to Hire a Tax Professional? beancounterblog.com presents resources and ideas on where to find free help for your taxes and where to find tax professionals.

College Savings Series Part II: Chief Family Officer discusses the pros and cons of a Coverdell ESA in the second part of a series on education savings accounts.

RRSP or Mortgage Then? Canadian Financial Stuff discusses whether retirement savings or debt reduction is more important.

Why I said no to an engagement ring: In The Almighty Dollar, a recently married woman (congratulations!), describes society’s lofty expectations for the engagement ring and the incredible pressure she faced from her decision not to get one.

Money, Marriage, and Children: Musing Money talks about his personal situation.

Poverty to Prosperity: Free Money Finance offers his view of how to go from one extreme to the other financially.

Insuring Mrs. Cleaver: InsureBlog explores what happens when a stay-at-home spouse is disabled and offers a solution.

Roth IRA vs. Traditional IRA: Money and Investing lists the benefits of each type of IRA and says that sometimes it is good to have both.

Saving Money by Considering Cash Flow: Frugal Underground highly recommends having short term savings for those times when paying in advance can save you a bundle.

Title Insurance, or Fifty Ways to Lose Your Money: Searchlight Crusade warns people of the number of ways they can get into trouble if they talk themselves out of title insurance.

Comparison Shopping for Auto Insurance: Mighty Bargain Hunter discusses when to shop around for auto insurance.

Over-Withholding: Sitting Pretty discusses the pros and cons of a tax refund.

P.T. Barnum is Alive and Well Somewhere in the Pacific Rim: OneManBandwidth tells the humorous story of some Japanese who spent $1.27 million paying for fake $1 million bills.

Budgeting Tip - Give Every Dollar a J-O-B: You Need a Budget covers the importance of actively making sure your dollars are doing what you want them to do - not what they want to do.

Forget April–February Is the Cruellest Month: Funny Munny says that despite its abbreviated length, February is the least favourite month not just for him but for his wallet as well.

Retire Rich: Journey To Financial Freedom crunches some numbers to figure out how much is needed for retirement.

Be Average or How I Learned To Quit Worrying And Love Bear Markets: Ask Uncle Bill says that in long term investing, bad times can be good times.

Tip On Getting Long-Term Disability Insurance: Sound Money Tips offers some statistics that will give you good reason to consider getting long-term disability insurance if you don’t currently have it.

Certified Mail: How Saving $4.25 can Turn Out to be Very Expensive: Roth & Company Tax Updates illustrates how thrift can be costly when you mail your tax returns with a sad story from Iowa.

Money Myth - Refinancing A Mortgage: Personal Finance Advice points out that when you refinance your mortgage to get a better interest rate and pay less on a monthly basis, it doesn’t necessarily mean that you saved money.

Are you Saving too much? Kirby on Finance responds to the misconception that American’s save too little and ask the question, “Are you saving too much?”

Cash Only Experiment: No Credit Needed is trying to go “cash only” this month and this post tracks his progress.

Investment Strategy: International Investing: The Net Worth Blog lists the reasons why he invests in emerging market stocks.

Investing in the Spin-offs: Old Niu’s Blog says that corporate spin-offs creates unique profit opportunities for investors and shows how understanding the various internal and market drivers work put you in a place to profit from these opportunities.

Can I get in on an IPO? Million Dollar Goal discusses the chances an average investor has of getting in on an IPO.

Inflation and Stock Market Returns: The Real Returns shows how taxes and inflation take a big bite out of stock market returns.

How Much Is Your Personal Data Worth? Blueprint for Financial Prosperity shows us how to find out how much it costs to buy your address, social security number and even your military record (if you have one).

How Many Stocks in a Portfolio: Investing Guide debates how many stocks a person should have in a portfolio.

Stop Over Saving! Just Another Money Blog brings up the point about balancing current enjoyment (spending) and possible future enjoyment (saving).

Phew! That’s it! Next week, tune in to Personal Finance Advice for more personal finance ideas.

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Tags: Carnivals

25 responses so far ↓

  • 1 ONEMANBANDWIDTH: CHINA BLOG OF AN AMERICAN PROFESSOR IN CHINA 美国教授在中国 » Blog Archive » ANG LEE: BEFORE BROKEBACK // Mar 6, 2006 at 5:59 am

    [...] Worthwhile note today: The Carnival of Personal Finances is up and contains some great posts on the topic. Vist: COPF The Canadian Capatalist for more infornation. [...]

  • 2 hgstern // Mar 6, 2006 at 6:42 am

     
    Terrific job….Thank you for hosting this week!
     

  • 3 InsureBlog // Mar 6, 2006 at 6:44 am

    Carnival Monday!

    The Canadian Capitalist hosts this week’s Carnival of Personal Finance.

  • 4 Multiple Mentality // Mar 6, 2006 at 8:17 am

    Carnivalized!

  • 5 BeancounterBlog.com » Blog Archive » Carnival of Personal Finance #38 // Mar 6, 2006 at 10:05 am

    [...] Send Canadian Capitalist a little love and visit their Carnival of Personal Finance #38 in which yours truly has a blog post on hiring a tax professional. You will also be able to view a number of different articles on various personal finance topics. [...]

  • 6 Flexo // Mar 6, 2006 at 10:07 am

    Thanks for hosting!

  • 7 Jose // Mar 6, 2006 at 12:22 pm

    http://aneshome.com/pivot/entry.php?id=219&w=anes_weblog__money_and_investing
    This entry was made to reference your Carnival Entry and another entry you made earlier on your blog.

  • 8 Searchlight Crusade // Mar 6, 2006 at 5:07 pm

    Links and Minifeatures 03 06 Monday

    Carnivals:

    Carnival of Debt Reduction

    RINO Sightings Recommended…

  • 9 Financial Carnivals - Fat Pitch Financials // Mar 6, 2006 at 8:39 pm

    [...] Carnival of Personal Finance - Canadian Capitalist [...]

  • 10 ONEMANBANDWIDTH: CHINA BLOG OF AN AMERICAN PROFESSOR IN CHINA 美国教授在中国 » Blog Archive » ANG LEE: NO LONGER THE HIDDEN DRAGON // Mar 7, 2006 at 7:00 am

    [...] Worthwhile note today: The Carnival of Personal Finances is up and contains some great posts on the topic. Vist: COPF The Canadian Capatalist for more information. [...]

  • 11 SINOTRADING.US » Blog Archive » ANG LEE // Mar 7, 2006 at 8:27 am

    [...] Worthwhile note today: The Carnival of Personal Finances is up and contains some great posts on the topic. Vist: COPF The Canadian Capatalist for more information. [...]

  • 12 Wenchypoo // Mar 7, 2006 at 9:59 am

    Thank you for accepting my submission. I have posted a note in my blog for my readers to come check the carnival out.

    As my brain explodes onto paper again, I will be submitting more in the future.

  • 13 Mighty Bargain Hunter » Money-money-money-money carnivals for this week // Mar 7, 2006 at 11:06 pm

    [...] Last but certainly not least, the Carnival of Personal Finance #38 is up at the Canadian Capitalist. Next week, Personal Finance Advice hosts! (Whew — pfadvice has his work cut out for him next week!) [...]

  • 14 How To Be Poor » Blog Archive » PF Blog Battle Royale // Mar 8, 2006 at 12:47 am

    [...] First, I compared my website reach to that of No Credit Needed. He keeps it informal most of the time, which I like. However, I’m not too crazy about the lime green template. As you can see, we enjoy pretty much the same reach, though recently he had a jump in popularity due to being a part of a carnival. Note to self, “stop saying ’shit’ and ‘ass’, keep it more serious, maybe you be mentioned more, too”. [...]

  • 15 Kirby on Finance » Blog Archive » Carnival Time: Thank God it wasn’t bird flu edition! // Mar 8, 2006 at 9:21 am

    [...] Carnival of Personal Finance hosted by Canadian Capitalist. [...]

  • 16 Free Money Finance // Mar 8, 2006 at 10:38 am

    Free Money Finance in Four Carnivals This Week

    Free Money Finance is part of four carnivals this week. Here are the carnivals and my posts that were included in each: I hosted the Carnival of the Capitalists Carnival of Debt Reduction - ‘Generation Debt’ is Going Deep into

  • 17 Isabel1130 // Mar 8, 2006 at 10:48 am

    http://money.cnn.com/2006/01/11/real_estate/title_insurance_exposed/

    For those who are swayed by Searchlight crusade’s article on Title Insurance, be sure to read the above link. Title insurance is taught as a well known but legal scam in the ABA accredited law school that I attended. Why? Because the cost is unbelievably high for a policy that almost never pays off. A good title search will uncover 99 percent of possible defects in a title and guess what a title insurance company does when they discover one of those defects? That’s right, they won’t insure…… It is a win win situation for them.

  • 18 fivecentnickel.com // Mar 9, 2006 at 7:48 pm

    Carnivals - Week of 03/06/06

    FiveCentNickel took part in six carnivals this week. Here they are, along with links to the posts that were included in each…

  • 19 raising4boys.com // Mar 9, 2006 at 8:06 pm

    Carnivals - Week of 03/06/06

    Raising4Boys took part in four carnivals this week. Here they are, along with links to the posts that were included in each…

  • 20 Punny Money // Apr 3, 2006 at 9:54 am

    [...] The Canadian Capitalist is hosting this week’s edition of the Carnival of Personal Finance. It includes a hyperlink (50% more betterer than regular links) to my recent article on the suckiness of February. If you missed the article last time, this is your absolute last chance to read it before the end of this paragraph. Don’t miss out! [...]

  • 21 Trade-Ideas Software: GOOGLE Finance NEEDS YOUR HELP - Topics Online 4 You // Jul 6, 2006 at 6:29 am

    [...] Canadian Capitalist Carnival of Personal Finance # 38 brings up the point about balancing current enjoyment (spending) and possible future enjoyment (saving). Phew! That s it! Next week, tune in to Personal Finance Advice for more personal finance ideas. [...]

  • 22 Insurance » Carnival Monday! // Feb 4, 2007 at 8:32 am

    [...] Carnival Monday! Filed under: Insurance — admin @ 5:37 am This week, the Carnival of the Capitalists can be found over at Free Money Finance. Of particular interest to me was this story about going kosher at Micky D’s. The Canadian Capitalist hosts this week’s Carnival of Personal Finance. “Penny wise and pound foolish” could be the title of this post from Roth and Co, which shows how a simple $4 could have saved $$ thousands. Ouch. [...]

  • 23 Fetch Blogs » Blog Archive » Carnival Monday! // Feb 6, 2007 at 9:01 am

    [...] Carnival Monday! Posted on March 6th, 2006 in Fetch Blogs by The_Prof (H G Stern, LUTCF) This week, the Carnival of the Capitalists can be found over at Free Money Finance. Of particular interest to me was this story about going kosher at Micky D’s. The Canadian Capitalist hosts this week’s Carnival of Personal Finance. “Penny wise and pound foolish” could be the title of this post from Roth and Co, which shows how a simple $4 could have saved $$ thousands. Ouch. [...]

  • 24 YNAB in a few Carnivals // Feb 21, 2007 at 9:51 pm

    [...] I just wanted to let everyone know that YNAB is in a few carnivals today! You can check out the very-popular Carnival of Personal Finance over at Canadian Capitalist. If you’re pretty focused on getting some laser-accurate debt advice, make sure you take a look at the Carnival of Debt Reduction hosted at Blueprint for Financial Prosperity. [...]

  • 25 FD » Blog Archive » Debt Of The Future7 Jul 2006 by Nicky The Personal Finance … // Mar 21, 2008 at 9:03 am

    [...] Carnival of Personal Finance # 38 [...]

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