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moneysense.ca, 17/06/10
This and That: TFSA penalty waivers and more…
- Rob Carrick has some good news for Canadians who are on hook for accidentally over contributing to their TFSA. He writes that “CRA is saying that relief may be available for people who mistakenly overcontributed to a TFSA”.
- There are actively managed funds. And there is the Mavrix Canadian Growth, which lost an annualized 9.6% over 15 years!
- Canadian Couch Potato constructs a portfolio that mimics the asset allocation of the Ontario Teacher’s Pension Plan out of ETFs.
- The Money Smarts Blog isn’t very impressed with the Canadian Share Owner brokerage.
- Michael James notes that TFSA excess amount penalties can apply to empty accounts under certain circumstances.
- Larry MacDonald says that investing in rent-to-own property may be one way for landlords to avoid that dreaded mid-night service call.
- Financial Highway suggests that going on a vegetarian diet can save you a lot of money. As a vegetarian myself, I can tell you that a meat-free diet ain’t all that cheap.
- Financial Blogger isn’t all that impressed with real estate as an investment.
- Kevin Press feels that Jim Flaherty’s pension reform proposals are reasonable.
- Preet has some definitive opinions on whether investors need a financial advisor.
- Million Dollar Journey on how to analyze Real Estate Investment Trusts using a metric called FFO.
Check out my Twitter feed for more articles worth your time. Have a great weekend everyone!
moneysense.ca, 17/06/10









Thanks a lot for the link – have a good weekend!
Thanks for the mention. At least Mavrix left a fifth of the money for investors.
Thanks for the mention Ram – have a great weekend!
Thanks for the mention Ram! have a great weekend!
[...] This post was mentioned on Twitter by Canadian Capitalist, MoneySense . MoneySense said: This and That: TFSA penalty waivers and more…: Rob Carrick has some good news for Canadians who are on hook for ac… http://bit.ly/aA8jHn [...]
Mavrix Canadian Growth will no doubt shortly disappear in a merger with the new and improved Canadian Growth Fund.
The problem with using FFO in your analysis of REITs is that it’s kind of like using EBITDA. And for REITs, it’s the Interest and Depreciation that kills you. Interest is what they owe to the lenders and REITs are all wallowing in debt. Although Depreciation is a theoretical value of how much repairs and upgrades that you must do in order to maintain the building. If you’re not actually keeping up with that, then somewhere at the end of it all, you’re going to end up with an old dilapidated condemned building that is completely un-rentable. Any homeowner knows that all buildings require a lot of money to maintain!
thx for the mention!
have a great weekend!
[...] This and That: TFSA penalty waivers and more… [...]