Comments on: My Worst Financial Advice http://www.canadiancapitalist.com/my-worst-financial-advice/ Helping you invest and prosper Sat, 11 Feb 2012 19:27:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Websites tagged "personalfinance" on Postsaver http://www.canadiancapitalist.com/my-worst-financial-advice/#comment-184285 Websites tagged "personalfinance" on Postsaver Sun, 08 Mar 2009 20:32:26 +0000 http://www.canadiancapitalist.com/?p=1050#comment-184285 [...] Some Cash on Hand saved by smpfilms2009-03-03 - Ale's school shoes saved by nmsaidi2009-03-01 - Comment on My Worst Financial Advice by Weekly Roundup: Relaxing ... saved by Luke2009-02-27 - Personal Finance Risks And Risk Management, Part 1 saved by [...] [...] Some Cash on Hand saved by smpfilms2009-03-03 – Ale's school shoes saved by nmsaidi2009-03-01 – Comment on My Worst Financial Advice by Weekly Roundup: Relaxing … saved by Luke2009-02-27 – Personal Finance Risks And Risk Management, Part 1 saved by [...]

]]> By: Friday Linkstuff - lots and lots and lots o’ links! http://www.canadiancapitalist.com/my-worst-financial-advice/#comment-147255 Friday Linkstuff - lots and lots and lots o’ links! Fri, 08 Aug 2008 09:05:25 +0000 http://www.canadiancapitalist.com/?p=1050#comment-147255 [...] Capitalist shares his deepest, darkest secret - one time he gave someone some really, really bad investing advice. This is why I don’t like giving direct investment advice (or getting any from Canadian [...] [...] Capitalist shares his deepest, darkest secret – one time he gave someone some really, really bad investing advice. This is why I don’t like giving direct investment advice (or getting any from Canadian [...]

]]> By: Shadox http://www.canadiancapitalist.com/my-worst-financial-advice/#comment-146644 Shadox Tue, 05 Aug 2008 06:51:59 +0000 http://www.canadiancapitalist.com/?p=1050#comment-146644 Ouch! This is a good reminder for all of who get asked for investment advice. You can comfort yourself knowing that the "pros" don't do a much better job - go index investing! Ouch!

This is a good reminder for all of who get asked for investment advice. You can comfort yourself knowing that the “pros” don’t do a much better job – go index investing!

]]> By: Personal Finance Reading Sunday Prepare for the Unexpected Edition | Personal Finance Blog by Money Ning http://www.canadiancapitalist.com/my-worst-financial-advice/#comment-146310 Personal Finance Reading Sunday Prepare for the Unexpected Edition | Personal Finance Blog by Money Ning Sun, 03 Aug 2008 15:31:35 +0000 http://www.canadiancapitalist.com/?p=1050#comment-146310 [...] Canadian Capitalist talks about his worst financial advice. [...] [...] Canadian Capitalist talks about his worst financial advice. [...]

]]> By: Weekly Roundup: Relaxing Weekend Edition at Clever Dude Personal Finance & Money http://www.canadiancapitalist.com/my-worst-financial-advice/#comment-146225 Weekly Roundup: Relaxing Weekend Edition at Clever Dude Personal Finance & Money Sun, 03 Aug 2008 01:46:00 +0000 http://www.canadiancapitalist.com/?p=1050#comment-146225 [...] Canadian Capitalist shares his worst financial advice [...] [...] Canadian Capitalist shares his worst financial advice [...]

]]> By: Weekly Dividend Investing Roundup - August 2, 2008 » The Dividend Guy Blog http://www.canadiancapitalist.com/my-worst-financial-advice/#comment-146040 Weekly Dividend Investing Roundup - August 2, 2008 » The Dividend Guy Blog Sat, 02 Aug 2008 06:24:44 +0000 http://www.canadiancapitalist.com/?p=1050#comment-146040 [...] Some horrible financial advice [...] [...] Some horrible financial advice [...]

]]> By: Canadian Personal Finance Blog » Blog Archive » Carnival of Catastrophic Financial Advice http://www.canadiancapitalist.com/my-worst-financial-advice/#comment-145806 Canadian Personal Finance Blog » Blog Archive » Carnival of Catastrophic Financial Advice Fri, 01 Aug 2008 09:33:16 +0000 http://www.canadiancapitalist.com/?p=1050#comment-145806 [...] Canadian Capitalist added in: When I first started investing, I read a lot of books (regrettably none from the [...] [...] Canadian Capitalist added in: When I first started investing, I read a lot of books (regrettably none from the [...]

]]> By: Phil S http://www.canadiancapitalist.com/my-worst-financial-advice/#comment-145777 Phil S Fri, 01 Aug 2008 04:03:47 +0000 http://www.canadiancapitalist.com/?p=1050#comment-145777 CC. Like you, I run my mother's brokerage account for her and I tried to mirror some of the stocks I have in my own account. Unfortunately, that included Coventree, which seems like a company that is going to zero, except for the outside chance that it may get acquired by somebody. The unfortunate part is that my mother doesn't have a huge capital gain to offset this loss against, so I'm hoping that one of the other stocks I have for her pops sometime when Coventree gets liquidated. Ugh. CC. Like you, I run my mother’s brokerage account for her and I tried to mirror some of the stocks I have in my own account. Unfortunately, that included Coventree, which seems like a company that is going to zero, except for the outside chance that it may get acquired by somebody. The unfortunate part is that my mother doesn’t have a huge capital gain to offset this loss against, so I’m hoping that one of the other stocks I have for her pops sometime when Coventree gets liquidated. Ugh.

]]> By: Double http://www.canadiancapitalist.com/my-worst-financial-advice/#comment-145776 Double Fri, 01 Aug 2008 04:02:38 +0000 http://www.canadiancapitalist.com/?p=1050#comment-145776 An elderly woman at my previous job asked me to have a look at her mutual funds. I recommended she move her funds around as the ones she had were underperforming. Not too long after the rebalance, the stock market dived and so did her portfolio. However, her previous port would have dived also but that did not stop me from feeling very guilty. An elderly woman at my previous job asked me to have a look at her mutual funds. I recommended she move her funds around as the ones she had were underperforming. Not too long after the rebalance, the stock market dived and so did her portfolio.

However, her previous port would have dived also but that did not stop me from feeling very guilty.

]]> By: Matt http://www.canadiancapitalist.com/my-worst-financial-advice/#comment-145709 Matt Thu, 31 Jul 2008 16:57:50 +0000 http://www.canadiancapitalist.com/?p=1050#comment-145709 Somehow at a young age I learned that giving people money advice is a risky thing. Hell even talking to them about money can be problematic. So as a general rule I don't give advice and if I do its typically to go find a good financial adviser. Somehow at a young age I learned that giving people money advice is a risky thing. Hell even talking to them about money can be problematic. So as a general rule I don’t give advice and if I do its typically to go find a good financial adviser.

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