Canadian Personal Finance Blog

Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View
December 13th, 2008

Advent Financial Calendar Box Day 14

So far in our Advent Calendar we have opened 14 boxes, let us review:

Except for Day 1, where there was nothing in the box, we have learned a lot about Personal Finance, let’s open the box for day 14.

In the box is a Stock Certificate for ACME Buggy Whips. That’s an odd thing to find in our calendar, but it signifies the importance of being diligent with your investments. Advent is an excellent time of year to re-balance your investments to make sure that you are not too heavily weighted in any one area (unless that is your plan) . Examine your investments, is this an area you think you should still be in? Research how and where you are invested and make sure it is still relevant (I’m sure in 1900 ACME Buggy Whips was a great investment, might not be in 2008, though).

Unless you have a portfolio designed to need little monitoring, stay up to date with your investments.

More on this topic (What's this?)
Does Buying a House Make You More Financially Responsible? (Michael James on Money, 7/21/10)
New Credit Card Minimum Payment Rules (Michael James on Money, 6/9/10)
How Financial Reform Gets Done (Not) (naked capitalism, 5/19/10)
US Consumer Spending Goes Haywire – The “New Abnormal” (The Contrary Investing Report, 7/30/10)
Read more on Credit Cards, ACME Communications at Wikinvest

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Posted in Advent, Mistakes, Stock Market |

This entry was posted on Saturday, December 13th, 2008 at 7:25 AM and is filed under Advent, Mistakes, Stock Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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