This weekend we celebrate the harvest in Canada, with our version of Thanksgiving. At this time, we need to remember the turkey, and the contribution it makes to our festive tables. Traditionally for Canadians this weekend is a time for families and friends to get together (nothing compared to our raucous neighbours Thanksgiving in November, however) and remember that charity at this time of plenty is important as well.
The ugly side of sports showed itself as a Blue Jay fan chucked a beer can (and almost hit) an unsuspecting Orioles player. As a lifetime Expos fan, I am unimpressed, and if I saw anyone do that at a ball game I’d point them out to authorities. C’mon Torontonians figure out who the culprit is and do the right thing. The only Knucklehead at the Jays game should be R.A. Dickey!
It is also Oktoberfest in my old stomping grounds of Kitchener/Waterloo (and Germany) (a good use of beer, as well). Another wonderful fall tradition that starts (officially) on the Thanksgiving weekend. Allegedly the PM himself will be tapping the first keg.
The big financial news for the week was Minister Morneau Announces Preventative Measures for a Healthy, Competitive and Stable Housing Market, which we shall see how it impacts the bubbling house markets in some cities in Canada.
Stuff I wrote this week
I had grandiose plans of writing a bunch of stuff this week, but life does sometimes get in the way of my best laid plans. “It’s not quite what I had in mind” (Financially) outlines how some folks settle for bad service, with their money, and they should not. You worked hard to make that money, fight to make it do the most for you.
I keep asking the same question on Social Media, but I never get an answer, RDSP: Question for Canadian Big Banks, asks why is the RDSP such a piss poor program at most banks? I have yet to have anyone from a bank respond to it.
Deep Financial Tweets
The Buddha mentions the following happiness:
Ananasukha – the happiness derived from not being in debt.
— Big Cajun Man (aw) (@bigcajunman) October 4, 2016
Time to Start New Year Financial Planning
I am not kidding the Christmas season is upon you, and you had better start your new year plan for your finances now!
- Mark from My Own Advisor wants to help you with all these new rules for mortgages, telling us How will the new mortgage rules affect you?
- Do you have Pet Insurance? You had better read your policy closely, because evidently your dog doing doggie things is not covered?
- Barry from Money We Have asks a very good question, What do Condo Fees Cover ? You had better get that straight before you buy your condo.
- On the technology side of things, Artificial Intelligence Learns the Stock Market, then realizes it hasn’t saved enough for its retirement, and then executed an infinite loop in 4 seconds. Figure out which parts of that sentence are false.
- Mark from 2ndCareerSearch is still reacquainting himself with the Canadian marketplace, and with that in mind he writes about shopping in a downtown environ, Dollarama >> Costco .
- Robb from Boomer and Echo wants to help you with your investing journey, and has written Building Your Confidence as a DIY Investor for that very reason.
- With more financial technology, This high-tech card is being rolled out by French banks to eliminate fraud, it is a start, but it could have a few more digits (or even letters) to make it a little more secure.
- I chatted with Kerry from Squawkfox a while ago about my RESP experiences, and this past week she was on the fledgling CBC money show On the Money Talking about RESPs as well. Some good stuff there.
- Michael James is now practicing what he preaches, and he outlines this with his article, Selling Off the Last of My Individual Stocks. I still have a few individual stocks, but my goal is in the next month or two, to do the same.
Yes, this is American Thanksgiving, but still my favourite punch-line from WKRP in Cincinnati
2016 Random Thoughts
- January 7th, Market Meltdown, TFSA, WildCard Weekend and #MoneyStories
- January 14th, Cheap Oil, Cheap Dollar, Dead Folk, and #MoneyStories
- January 21st, Loose Money, High Household Debt, Weak Loons and #MoneyStories
- January 29th, Doomsday Clocks, Rogue RRSP Receipts, Cash Crops and #MoneyStories
- February 4th Bouncing Loonies, RRSP Season, Superb Owls and #MoneyStories
- February 12th Lent is Here, Bricked iPhones, Love Day and #MoneyStories
- February 19th Digging Out, Ransomware, RRSP Time and #MoneyStories
- February 26th RRSP Time and #MoneyStories
- March 4th Welcome Americans and #MoneyStories
- March 11th Bank Rate Stays Put, Spring Forward and #MoneyStories
- March 18th Financial March Madness, Budgets and #MoneyStories
- March 25th, Easter is Here and some #MoneyStories
- April 1, Money Fools, Ronnie, and #MoneyStories
- April 8, Tax Time, Spring Delayed, Panama Papers and #MoneyStories
- April 15,Loose Money, Free Stuff, Hockey and #MoneyStories
- April 22,Disabilities, Tax Time, The Queen and #MoneyStories
- April 29,Pitter Patter Tax Time, RESPs are For Rich Folk and #MoneyStories
- May 6, Fort Mac, Mothers and #MoneyTalk
- May 13, Panama Papers, Google & PayDay Loans, Full Moons and #MoneyTalk
- May 20, Victoria Day, The People’s Elbow, Haircuts and #MoneyTalk
- May 27, Loose Money and #MoneyTalk
- June 3, CRA Itunes Pmts, RESP Scams and #MoneyTalk
- June 10, Portal to Hell Opens in Ottawa, BoC FSR and #MoneyTalk
- June 17, Fathers Day, Trump Housing Bubble, and #MoneyTalk
- June 24, Brexit, Fete National, Enhanced CPP and #MoneyTalk
- July 1, Happy Canada Day and Best Mid-Year Financial Stories
- July 8, Brexit Market Mayhem, Millenial Bashing and #MoneyTalk
- July 15,Brexit Hurts, Loose Money, Postal Strikes, Recounts and #Moneytalks
- July 22,More Pensions, New CTC, and #MoneyTalk
- July 31, Unknown Long Weekend, Windows 10 and #MoneyTalk
- August 5, The Olympics, Topless Spelunkers, and #MoneyTalk
- August 12, Women Rule, Less Jobs and #MoneyTalk
- August 19, Obnoxious 30 Year Old Retirees, Olympics and #MoneyTalk
- August 26,Farewell, EpiPens, Ombudsman Report and #MoneyTalk
- September 9,iPhone 7, High Tuition, Loose Money & #MoneyTalk
- September 16, Unemployment Up, On the Money, Debt and #MoneyTalk
- September 23, Rate Rises, Winter is Coming, Access Neutrality and #MoneyTalk
- September 30, Bye Bye CSBs, 36 Million Strong and #Moneytalk
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