With the new Canadian cannabis laws coming into play (October 17th) it struck me as an excellent opportunity for Canada to enter the world of Ganja Tourism. We must remember that you may only smoke in your home (or a friend’s home), and given that most hotels have a strict No Smoking rule, where could these tourists imbibe ? I think this is a huge opportunity for AirBnB to create a Ganja Tourism section. The guests can buy their legal ganja, and then enjoy it in their friends home. We shall see whether this idea catches on.
I have been busy figuring out how to smuggle more shoes across the border, but #Moneytalk returns this week. Sneaker Smuggling is evidently something else we dastardly Canadians do to our friends down south. I must admit I am guilty of sneaker smuggling about 10 years ago I was on a business trip and bought myself a new pair of shoes and forgot to declare them when I returned. I am thinking of branching out and becoming a Weed and Feed smuggler (the weeds in my front lawn are winning the battle and I can’t buy the good stuff in Canada any more).
The 21st was the longest day of the year in the Norther Hemisphere, and thus summer begins! Yes the year is about half over, time to start planning for Christmas.
The National Energy Board published Which cities have the highest solar potential in Canada? Where is the best place in Canada to have Solar Power? Regina, of course! Ottawa is better than Montreal and Ottawa (by a small Amount). Surprisingly Yellowknife is up there on the list, and not so surprising St. John’s NFLD is way down there on the list. Might be good to turn all of Saskatchewan into a Solar Array?
My Recent Writings
It has been a while since I wrote one of these so here is the long list of the topics I have hit since my last #Moneytalk.
Risk Profiles and E-series Orders Rejected shows that no matter how optimistic I get about TD Mutual Funds, I end up being wrong. My daughter is still working to clear up the no you can’t have E-series funds fiasco that was set up.
I do enjoy Doug Hoyes’ podcast (remember I was even a guest on it), but I also enjoyed his audiobook as well, and I reviewed it in, Straight Talk on Your Money. Well worth listening to and buying the book too. Hopefully a sobering set of stories for those that are sure they have their financial world figured out.
I actually had a Guest Post but by a friend of the site, Sean Cooper (who I still hate). Qualifying for a Mortgage: The 4 Factors Lenders Consider (and WHY!) is an essay on how to get a mortgage, worth having a look at.
My 5 Best Investments is really just a proud Poppa boasting about his kids, but also the fact that I was smart enough to invest in their educations.
Micro Blogging for Motivation
When was the last time you changed your banking password? You might want to check this one out to figure out what you should change it to?
Our ‘Guidance for Securing Passwords’ provides system designers, operators and end users practical guidance on the design, implementation and use of password-based authentication systems.
— CSE 🍁 (@cse_cst) May 30, 2018
The Non Ganja Tourism Financial World
Before all Canadians blaze up (as the young folk might say) and Ganja Tourism becomes a big thing, maybe we should get our financial houses in order?
- Sad to see that On the Money at the CBC is being cancelled. It was a good show with lots of good ideas, I guess talking about money is dull?
- Robb over at Boomer and Echo points out it was a Disappointing Day For Canadian Investors: No Ban On Embedded Commissions. Seems we will continue to have hidden costs for a while longer.
- Dan Bortolotti has revamped the Canadian Couch Potato web site. Looks nice, maybe I should revamp my site (one day).
- Michael James did a very good story about How His Sons Invest, and I think it is a useful read for those folks that want to see real examples of how to invest.
Preet’s Making Changes
Preet is making changes on his video channel on Youtube, and he outlines them here. Note this video was made before Preet’s bike was stolen!
The New 2018 Random Thoughts
- Mothers Day, Counterfeit Reality, Higher Stress and #MoneyTalk (May 11th)
- Decisions, Bitcoin, Inflation and #MoneyTalk (April 20th)
- Stock Picking Update, Crypto Credit, and #MoneyTalk (April 13the)
- RDSP, Easter, Thanks Rusty and #MoneyTalk (March 29th)
- Facebook, Spring is here and #MoneyTalk (March 23rd)
- Still Financially Crazy after 13 Years (March 16th)
- Steady Interest Rates, Spring Forward and #MoneyTalk (March 8th)
- Budgets, Phoenix Death, Inflation and #MoneyTalk (March 2nd)
- Potholes, Tuition Increases, and #MoneyTalk (February 23rd)
- RRSP, Lent, Happy Year of the Dog and #MoneyTalk (February 16th)
- Roller Coaster Markets , Olympics and #Moneytalk (February 9th)
- Superb Owls, RDSP Deposit and #MoneyTalk (February 2nd)
- OHIP Overload, Doomsday minus 2 minutes, and #MoneyTalk (January 26th)
- Tighter Money, Best Investment, Go North! and #MoneyTalk (January 19th)
- Paper Delivery, Bitcoin and #MoneyTalk (January 12th)
- Polar Vortexes, Minimum Wage and #MoneyTalk (January 4th)
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