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Canajun Finances Home » Groundhog Day, Farewell Penny, No Vine and Friday #Shoutouts

Groundhog Day, Farewell Penny, No Vine and Friday #Shoutouts

Tomorrow is Groundhog Day, so then we shall see how well a ground hog can prognosticate the weather (about as well as I can prognosticate financial stuff is my guess). The Groundhog him (or her)self usually seems quite irked by the whole thing, however, if it keeps them well feed, what does it matter? I enjoy seeing Groundhog Day the movie on TV as well (another guilty pleasure about this fine festival). Remember, “People like blood sausage too, people are morons.“, that is a deep concept.

The Canadian Penny will start disappearing (for real) on Monday, as they stop being created (which is good because they cost more than a penny to make), so soon will be unable to use the expressions, “A penny for your thoughts”, or “I need to spend a Penny”, or my favorite, “Knock, Knock, Knock: Penny?” (well maybe the last one will stay around). I remember as a youngster putting pennies on the train tracks and seeing perfect examples of pressure and it’s effects on metals (make them real flat!). I also remember buying Bazooka bubble gum for 1 cent, but gone are those days. Good bye penny, I wouldn’t get too comfortable Mr. Nickle, you are next!!!

I think I’ll be passing on the new Twitter thing Vine, for now. Can’t really figure out what it’s for, or how it helps getting my message out, but I am willing to hear from anyone what it can be used for in terms of personal finance thoughts.

Weekly Recap

Last week’s polar temperatures have given way to rain, and fog, that is the great part about Ottawa is that all weather is possible (in one day):

My Writings for Week Ending February 1st
Winterlude in Ottawa (Thus it is Raining)

Glimpse at the BCM for Free Style Sunday Thoughts

A quick look under the mask of one of your favorite financial bloggers.

Inflation Below 1% to end 2013 in Canada

Inflation continues to run fairly low, which means the B of C is less likely to raise rates (for now).

RDSP and TD Aggravations

My continued battles with my bank and their investment wing to put money into an RDSP I have set up for my son. Never a dull moment here.

The Problem with Some Folks Who Are in Debt

If you are in debt, do something about it other than bitching at your friends (or worse still around some financial blogger).

Given the rain we have had and then the re-freeze, we may all be skating to work in Ottawa today, but we won’t let our favorite writers skate by this week :

Top Stories of the Week of February 1st
Will the Ground Hog See His Shadow foretelling of an Early Bull Market?

Hot Diggity Dog

The BBC brings us a good breakdown of how much it costs to own a dog, although I must admit I haven’t seen Hot Diggity Dog in print for a few decades! Gee Willikers!

All Debt is Bad

Michael James writes an interesting discussion about whether the whole “Good Debt” thing is just semantics. I think “Good Debt” is a fallacy perpetrated by banks, and will leave that comment on any blog that talks of Good Debt (be warned!)

If Disability Insurance is Good Enough for RG III then it’s OK by Me

Mark @ My Own Advisor points out the importance for disability insurance, just make sure that you understand how the program works (or you could end up like some former Nortel employees).

What Would Buffett Do?

The Canadian Couch Potato reviews a book that has been sitting on my desk waiting to be read, and I guess after reading the review, I should read it? Wish I had more time to do such things.

The 2012 Sleepy Portfolio Report Card

The Canadian Capitalist writes about one of his passive investing portfolios and how it did in the past year. I use a variant of this investing scheme for an RRSP of mine so 10% growth is glad to hear!

Tax Considerations for Single Income Households

Echo writes about the important issues being faced in terms of taxes for the single income household (more of a rarity in Canada these days).

FYI: What is Deer Antler Spray and Why Would Football Users Want it?

What is all the fuss about Deer Antler spray? I didn’t really understand it until our friends at Popular Science put this all together for us. If you are a sports lover, read this one!

He Faces 150K Lawsuit for Speaking Out

Ellen Roseman points out the dangers of taking your disagreements to the public forum. There are many litigious organizations out there, careful what you say or they might sue you too!

Can’t Save? Know Why?

Gail Vaz-Oxlade asks the hard questions no one likes to answer about why the heck you can’t actually save any money.

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Podcast Interview with Ellen Roseman

Preet interviews Ellen Roseman about her new book Fight Back! I like Ellen she dislikes the things I dislike as well like Bank Fees and Cell phone service charges!

Best of 2013

Some of the best of posts from 2013

Feel Free to Comment

  1. A few kids at school had pennies an quarters flatted on the tracks, however I had this huge fear that my penny would cause the train to derail so I never did make one for myself. Man, the weird things I thought as a kid!

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