Around the Blogosphere
Weekend Reading: Trump Edition
Trump pulled it off. Unbelievable. I guess the media and pollsters completely underestimated just how pissed-off rural and rust-belt America is with the way the country is moving. Talk about flipping the script. Here’s to four years of uncertainty, not to mention unorthodox politics like we’ve never seen before. It’s human nature to want to act…
Read MoreWeekend Reading: Flashback Edition
“You need to get down here right away! There’s been a plane crash and the pilot had to eject.” I’ll never forget that day – July 23rd, 2010 – when Captain Brian Bews and his CF-18 Hornet crashed during a practice run at the Lethbridge Airport leading up to the Alberta International Air Show. As…
Read MoreWeekend Reading: Not Chasing Returns Edition
Even though I switched to a simple, passive, two-ETF investment portfolio, I still like to check-in on my returns from time-to-time and compare them to other benchmarks and strategies. Call it my competitive nature, or maybe a nervous tick. Let’s take a look at the Blackrock (iShares) website, as it has the most current year-to-date returns…
Read MoreWeekend Reading: Justwealth Edition
Here at Boomer & Echo we’re big fans of the robo-advisor model that gives investors the chance to build a low cost, diversified portfolio of ETFs and not worry about the hassle of buying, selling, and rebalancing on their own. Just set up regular contributions to your account and the robo-advisor allocates your dollars into a portfolio of ETFs…
Read MoreWeekend Reading: Vancouver Edition
My wife and I celebrated our 10th anniversary with a trip to Vancouver last week. We found round-trip flights from Calgary for less than $300 and then decided to splurge by staying at a boutique hotel downtown. The location was perfect, as we could walk everywhere from Stanley Park to Granville Island. We took a free shuttle…
Read MoreWeekend Reading: New Mortgage Rules Edition
The big news out of Ottawa this week saw the federal government taking steps to cool the housing market by introducing a financial stress test to all insured mortgages and closing a tax loophole for foreign real estate buyers. Starting October 17th all home buyers must qualify at the bank’s posted rate, or the Bank…
Read MoreWeekend Reading: Ending Canada Savings Bonds Edition
Canada Savings Bonds are still a thing? The legacy savings program that was built to fund the Second World War is now in its 70th year of sales and costs the federal government $60 million per year to run. But savings bonds that once paid double-digit interest rates now yield a paltry 0.5 percent in today’s low rate environment.…
Read MoreWeekend Reading: Air Miles Class Action Edition
It was only a matter of time. Air Miles has faced plenty of criticism in recent months, not just for instituting an expiry policy, but mishandling communication to its collectors about the new policy, automatically defaulting existing reward miles into their ‘Dream Miles’ category, not allowing members to transfer miles between their Dream and Cash Miles accounts, hiding…
Read MoreWeekend Reading: Vancouver Real Estate Edition
Greed has a powerful effect on asset bubbles as speculators and insiders try to exploit every available loophole to profit from rising prices. First we had mortgage brokers behaving badly. Then we had shadow-flipping real estate agents. Now The Globe and Mail has exposed a new scheme where a Vancouver real estate speculator is buying homes financed with investor money from…
Read MoreWeekend Reading: Back To School Edition
Back-to-school season is doubly busy for me as our kids enter grade two and pre-school respectively while at my University day job we’re getting ready to welcome back thousands of students to campus this weekend. We all know the cost of post-secondary education has risen dramatically in the last decade and so students (and their…
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