Fake money news has been around for a long time, but the US Elections have shown how easy you can portray fake financials as fact. Now it is almost impossible to pick the real from the fake news, but you must remain vigilent.
I was saddened to hear that Leonard Cohen, yet another famous Montrealer has passed on, but his music will leave a legacy that will live long past all of us. Mr. Cohen, unfortunately, was also a victim… Read More »Leonard Cohen a Cautionary Retirement Story
To quote that noted newscaster Kent Brockman, without knowing precisely what the danger is, would you say it’s time for our viewers to crack each other’s heads open and feast on the goo inside?. I have read and heard stories of the impending apocalypse and such, thanks to President-elect Trump policies, but I am more worried about the fact that the Angry Old White Man†Party (aka the Republicans) can now run the table I would not be surprised that if at the end of all of this, Mr. Trump ends up being the voice of reason (yes, I threw up a bit in my mouth typing that), in the Grating America.
For those who did not wake up a cold morning in 1975 to find the PQ in power in Quebec or a dark October morning in 1990 when Bob Rae became Premier of Ontario, the only advice I can give is, “Chill out for now, and watch closely at what happens. No one can say for sure what will happen, and if they say they know, they are probably trying to sell you something. I do like the #CalExit folks, given that California is the 6th largest economy in the world.
Meanwhile in Canada Canadians debt load increases (according to TransUnion). To quote our friends at Transunion:
“Canadian consumers saw average non-mortgage debt balances rise by 2.3% between Q3 2015 ($21,195) and Q3 2016 ($21,686).â€
Note that this is non-mortgage debt as well, so yes, maybe Mr. Brockman was asking the right question?
So one of my new tricks these days, is to combat the deluge of really great deals that arrive in my mailbox (Canada Post), I have taken to saving the really great deals (and coupons), for a special task. Any time I get a great deal (like the new CPP upgrade program, that looks like a Government program, but comes in a blank envelope) with a paid postage return envelope, to say thank you, I put some great coupons and deals in this envelope and mail it back to those helpful folks.
Yes, it is Juvenile, but that is who I am.
Another more quiet week from me, but I did write one thing to help parents out Helping Kids With University Costs, Idea #214, for those of you thinking your kids will be able to leave home to go to University. Day to day living expenses for your kids, if they are not at home, really do add up.
Really Toblerone? Really? I may be boycotting my favourite Christmas candy. #BoycottToblerone #BoycottTheValley
If you are planning on trying to help your kids out with their University costs (or other post-secondary ideas), an RESP is a must (just for the free money), however, that is not the only way… Read More »Helping Kids With University Costs, Idea #214
Holy Cow! (to quote Harry Caray) the curse of the billy goat that was on the Chicago Cubs, has finally been broken (yea curses broken), and I am glad to see it. I remember the 69 Cubs with Billy Williams, Ernie Banks, Ron Santo and crew making a run for the playoffs and then getting it all derailed by the Miracle Mets (yes, I am very old), so I was happy to see the Cubbies finally winning it all. It seems to be giving new hope to Blue Team fans as well.
Some think that Doomsday may be much closer after the Tuesday elections in the United States. For the record the Doomsday clock stands at 3 minutes to Midnight, so there isn’t much more wiggle room here, in terms of the big boomâ€. Let us hope cooler heads prevail, and whatever happens on Tuesday, it doesn’t create the Biblical Apocalypse that some have promised. In other good news, the new Russian Satan II Missile can’t wipe out Texas or the UK as previously advertised (well, not just 1 of them). Reading that helped me sleep better (sarcasm).
Evidently there is no such concept as a No Fault Divorce From Europe as the UK PM is finding out. Should be interesting to see where this winding road of interesting quandaries leads.
What Do Investors Complain About the Most ?Inappropriate investing strategies seems to be a big one (like having a 75-year-old retiree investing in a tech start up?), according to the IIROC. Worth reading, but I suspect that is only the tip of the iceberg, in terms of complaints.
What happens when Preet meets up with the Blunt Bean Counter? Why don’t you listen in to find out?
