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moneysense.ca, 13/02/09
This and That: Valentine’s Day edition
- William Bernstein writes about the importance of emotional “fitness” for a long-term investor.
- John Bogle says that the current recession is the worst he has ever seen but his message for investors, unsurprisingly, remains the same.
- Want to take advantage of lower interest rates but have a few years left on your mortgage? Check out Rob Carrick on the fine art of mortgage renegotiation.
- Ellen Roseman stresses the importance of checking bills regularly for mysterious charges.
- Million Dollar Journey featured a sensible post on how to take advantage of the market crash of 2008.
- As I found out last summer, it is not easy finding a fee-only financial planner. Preet found a few resources that help in finding a fee-only planner.
- Thicken my Wallet featured two timely posts on severance pay.
- Michael James thinks that Visa’s take on financial advice will lead to lifetime of financial slavery.
- Here’s an useful tip from Four Pillars: If you transferred your account from one brokerage to another, don’t forget to follow-up on the transfer fee refund.
- Canadian Financial Stuff finds out that trying to be green costs money but is still the right thing to do.
Happy St. Valentine’s Day! Have a great weekend.
moneysense.ca, 13/02/09
Thanks for the mention, have a great weekend!
I couldn’t agree more with #4. In my onionion Bell Canada is the worst for billing “errors”.
I have never kept a record of the various mistakes companies have made over the years but the amount would be in the hundreds for sure.
Thanks for the mention. Bernstein seems to believe that we can improve our emotional fitness for dealing with big stock drops. That’s an interesting point of view. In my case, my fitness for dealing with stock drops is better than it used to be, but I don’t think this is because I’ve somehow improved emotionally. I now better understand what drives stock prices. I can see that stocks are a better bet than other types of investments, particularly after they have dropped. My increased fitness comes from greater understanding. I think it is my rational side more fit to handle my emotional side.
Thanks for the mention CC, enjoy your weekend!
Thanks for the mention. Enjoy the long weekend!
Thanks for the link! I still have to follow up to get my transfer fees paid.
Thanks for the link CC – look forward to meeting you in person on Tuesday!