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Weekend Reading - Nov 15, 2007
Time for another round of giving recognition to other great articles around the web.
- With E-Trade facing a HUGE write down due to sub prime exposure, are they capitalized enough to keep the show running? What will happen to your E-Trade account if they go bankrupt? Both Canadian Capitalist and Canadian Money Blogs Reviewer have answers to your questions. If you are looking for further reading about E-Trade, here's an E-Trade Review.
- Canadian Mortgage Trends breaks the news about the new HSBC mortgage promotion. HSBC is offering prime - 1% on 5 year variable mortgages until Nov 17 (tomorrow). I wonder if they can afford this with their $3.4 billion write down from their U.S mortgage exposure.
- I've gotten a few questions from my readers regarding holding a mortgage inside your RRSP. I've always responded that the admin and other fees involved make it undesirable. Preet from WhereDoesAllMyMoneyGo has written a detailed article on the topic and has come up with some interesting conclusions.
On another note, some of you may have noticed that MDJ has a new application on the right sidebar called "Top Spots". Basically, this is a way for generous readers to give MDJ a "tip/donation" or for advertisers to get cheap exposure. When I say cheap, I really mean cheap. I've set the initial price to $5 which will get you a link along with a message of your choice.
The "appeal" of the Top Spots application is that the newest contributor will get the #1 top spot. If you're interested in giving a small donation to MDJ, you can do so here.


















2 Comments, Comment or Ping
1. WhereDoesAllMyMoneyGo.com
Thanks for the mention FT - have a good weekend!
Nov 16th, 2007 @ 11:51 am
2. Online Mortgage Broker
Thanks as well FT!
Nov 21st, 2007 @ 4:18 am
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