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moneysense.ca, 12/02/12
This and That: Buffett on Stocks, Retirement Articles and More…
Buffett prefers stocks over bonds & gold: Warren Buffett doesn’t often express an opinion on the general level of stock prices. But when he does, he is usually worth listening to. In a recent article in Fortune magazine, Buffett explains why stocks look like a much better bet than bonds or gold over the long term.
Stocks aren’t so cheap: This column, which also appeared in Fortune magazine, offered a counterpoint to Buffett’s argument that stocks are cheap. It says that according to many measures stocks (profits as share of GDP, computing p/e with reported, not operating earnings, Shiller P/E etc.) are not so cheap. Maybe so but compared to alternatives, stock appear to be reasonably valued at these levels.
Help with Retirement Planning: The Society of Actuaries has published a series of 11 articles to help people plan for their retirement. It tackles questions such as when to retire, how to deal with unplanned early retirement, retirement income planning etc. Though the articles are targetted at Americans, many of the concepts discussed also apply to those of us living north of the border.
Avoiding Baggage Fees: During a recent trip, we got dinged with extra fees because the weights exceeded the maximum allowed these days. This column in The New York Times describes the lengths (stuffing the carry on luggage, wearing trenchcoats) travellers go these days to skirt those annoying baggage restrictions.
Around the Blogs
Canadian Couch Potato finds that active funds are trailing index funds even after adjusting for the cost of advice and trading expenses.
Canadian Personal Finance Stuff shows that it is much better for regular commuters to buy a monthly bus pass than paying for each bus ride.
Money Smarts Blog wonders why more Canadians are not taking advantage of the RESP Canada Learning Bond.
Million Dollar Journey explains why he doesn’t use a dividend ETF for his leveraged investments.
Michael James weighs in on whether you should pay your bills as they come in or wait until the last minute.
moneysense.ca, 12/02/12
Thanks for the link Ram – see you soon!
Thanks for the mention.
CC, thx for the link, I hope your family celebration went well.
Belated thanks for the link.
Belated thanks for the mention, CC.
Another belated thanks for the mention CC, always appreciate your support.
I will try and be more prompt with the replies!
I definitely agree with Buffett that at this point bonds are dangerous. Interest rates can ONLY go up in the future…
I`m a pretty new investor, what do you think about the idea of What do you think about the theory of efficient markets?
Investing in equities really worked well the last 12 years. S&P 500 Year 2000 high 1528 and now Year February 2012 1358. In the year 2000 long term provincial Canadian bonds 6.33% yields. Buffet needs investors to believe in equities or it is Japan 2 for the U.S. The good times are over. The next 10-15 years an investor if he or she is realistic can expect at most a 4.00% to 4.50% return and that is pushing it. Good luck.