Active Investors Fight Back

At an undisclosed “family eatery” in Ottawa an argument broke out between warring factions of the Financial Blogging world, when Active Investors felt they had been pushed over the edge and fought back against the “… oppressive no fun antics of passive investors…”. What was supposed to be a civil discussion about current events and economic trends dissolved into a “Pier 6 Donny Brook”, when the subject of whether Active Investors could “beat the market” consistently.

One combatant stated, “I have had enough of all this, invest carefully, and grow your wealth safely stuff that is being espoused.  Did Buffett passive invest? Did JP Morgan? Did my Uncle Ralph? NO! they bought individual stocks and they got filthy stinking rich!”.

The staff at the local “watering hole” were taken aback by the antics of these alleged “Money Experts” and their crude commentaries such as:

  • “… active investors calculate their growth using slide rules!”
  • “… passive investors drive below the speed limit on the highway because they are satisfied not using the full speed potential!”
  • “… why would anyone not want to have the exhilaration of buying high and selling low?”
  • “… you need to lose money to make money”
  • “… passive investing is for losers who just can’t make a decision!”

And many other comments that cannot be included as they are far too crude in nature.

April Fools Alert!

Well part of the story is true, the N.C.F.B.A. did have a lovely dinner.

April Fools!

 

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Financial Daylight Savings

Hopefully you have sprung your clocks ahead (if not, you are really late this morning), and with this in mind, I keep wondering the point of DST?  The best commentary I can find on this odd idea is:

“Only the government would believe that you could cut a foot off the top of a blanket, sew it to the bottom, and have a longer blanket.” -Native American Leader

DST

Daylight Savings Time? What a Crock!

That  sum it up nicely.

That idea, moving around things and then claiming you have more, really is a good commentary on today’s debt riddled lifestyles. You borrow money so you can have more things, and you are thus farther ahead?

I am going to make a finite amount of money in my life, however, I will give a lot of it to someone else so I can have some material things sooner, and thus feel like I have more.  – Big Cajun Man Corollary of Debt

Evidently the Monday after Daylight Savings time there are more accidents, so hopefully you drove carefully as well? I decided to take the day off, just to be safe.

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Happy Year of the Sheep

Yes to my Chinese friends (and those that use that Calendar) happy year of the (Wood) Sheep or Ram depending on how you look at it.

What does this year mean? Here is one interpretation:

According to international Feng Shui expert Marites Allen, the Green Sheep is also a symbol of good fortune. Thus this year will be a period of good fortune, peace and abundance. Luck will be favorable to most Chinese animal signs in the Year of the Wood Sheep.

Works for me, oh and here is my terrible joke once more, enjoy the celebrations!

2015 the Year of the RAM

Happy 2015, I do so love Geek Humor

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Money is Love 💰 = 💘

From what I can tell from the ads that have assaulted me for the past month (since the Christmas ads died down), the best way to show love is by spending money, and showing off that you have more money to give later.  If you aren’t spending a lot of money on someone you (claim to) love, then it is obvious that you do not love them (enough).

Yes, I have ranted about St. Valentine’s Day pretty much every year that I have written here (10 years?), but things seem to be accelerating in terms of your need to show love by spending money. I thought Christmas was bad enough, but now Love Day, is trying to surpass Christmas in conspicuous spending for your loved ones. These kind of vulgar displays of wealth always sickens me, but to each his own, I suppose.

OpenSSL HeartBleed Bug

No that is not a Valentine’s Heart, it is the Heartbleed Heart, don’t put this on any Valentine’s Cards either.

Maybe, what is needed is to think about things that will financially help your loved ones (without bankrupting you). To help you not fall prey to the ire of your loved ones, here are some Financial Valentine’s Day ideas that are useful, and won’t give you diabetes (or an allergic reaction to roses)

  • Put some money in your loved ones RRSP, if that doesn’t say love I don’t know what is. You want to make sure they can retire, and get tax refunds too, now that is saying love with cash, and I am OK with that one. How Banks haven’t hooked into this, since Valentine’s Day is in the middle of “RRSP season”, I have no idea. For the price of a dozen roses, you might get $40 in tax credits back, long after the roses have withered and died.
  • Put money in your children’s RESP, so they can have the option to go to University or a useful post-secondary program.  Giving your loved ones options in their lives is truly the greatest gift you can give them (and if that option includes them moving out of your house, and being able to support themselves, so much the better).
  • Needless to say a little money in a TFSA could always brighten a lover’s view of you (OK, maybe not, but it is better for them than a box of chocolate candies).
  • A more risqué present, which can be dangerous, is paying off your loved ones debts (or putting money towards it). Why dangerous? You paying off your lovers debts won’t help them in the long run, as they will just think that you will bail them out every time, so careful with this present. What you figured I’d suggest something out of 50 Shades of Grey? That movie’s release on Valentine’s Day is possibly the funniest idea I have ever heard.

Let me also recommend, that if you actually follow through with any of these ideas, I will not back you up, if you are crazy enough to get your Valentine’s Day gift ideas from a Financial Blogger, you can sleep in the bed that you made!

Other Fun Valentine’s Day Rants

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2015 The Financial Year of the Mason Jar

Mrs. C8j is an avid reader of many diverse sites, and trawling Pinterest and such (where you can find Big Cajun Man as well), and she thinks that the new big exciting thing in personal finances and budgeting for this year is the Mason Jar.

As a Small Cajun Man, when I grew up, Momma C8j (my mother) had lived through rationing in the UK (and WWII) so she was very frugal and very careful with all kinds of food so we had an entire pantry full of mason jars for canning of:

  • Tomatoes, that Momma C8j had grown in the garden, and then used throughout the year in all kinds of wonderful sauces, soups and stews.
  • Strawberry, and Raspberry Jam, that she bought at the Jean Talon market in large quart baskets, when they were in season, and we enjoyed fresh jam all year round.
  • Some lovely pears and home made fruit cocktail, again from the market when in season, so we had this for the winter.
Mason Jar and Budgeting

Behold the Wondrous Mason Jar, for Tomatoes and Cash?

Growing up I viewed the mason jars as a part of life, and a way to make sure we had tasty food all year ’round. Momma C8j is the ultimate frugal lady, she worked hard to stretch a dollar as far as she possibly could (I wish that was genetic, but I never quite got the hang of it).

Later on, when I got to University a Mason Jar was used to hold Long Island Iced Teas or Bloody Caesars or the like. It was an odd site for me, seeing the frugal masonry jar being used as a liquor container, but, life changes.

Now mason jars are an entire bloody industry. You can buy candles that reek of cinnamon, cranberries or other obnoxious odors, in a masonry jar, absolutely not a frugal usage of this divine device.

Getting back to Mrs. C8j’s (my wife) observation, the main new exciting use of the humble mason jar is for budgeting and saving money. Strangely enough Big Daddy C8j (my late father) used a mason jar to hold his spare change (but that was because we had so many of the darn things), so I guess he was way ahead of his time, but I digress.

Many years ago, our friend Gail Vaz-Oxlade had her show “YOU SPEND TOO DAMN MUCH MONEY YOU MORON!” (I think it was called that, I might be mistaken), but she used the humble mason jar as a way to budget and segregate your funds to ensure you didn’t misspend your moneys on the wrong thing (they were all labeled carefully). This seems to be the new “In Vogue” way of doing budgeting (I guess Gail was way ahead of her time too).

I think this is an interesting “thinking differently” idea for folks who are used to living out of their wallets and using their debit cards (i.e. use cash only and segregate that into specific “pots”), but I am now wondering if maybe I should be buying stock in Corning or whoever makes these mason jars? Will there be a sudden shortage due to the glut of budgeting folks (and malodorous candles)?

Budget however you like, but if you use mason jars as your methodology and you fail do not blame the humble mason jar, it is the Symbol of Frugality to me, and should be held in great esteem!

Welcome 2015 the year of the Mason Jar.

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