≡ Menu

Family Vacations, Loyalty Programs, Leveraged Investing, Stock Market Correction, and more!

Is it better to give a grandchild cash as an inheritance or take them on a family vacation when still possible? Will the experience be etched in memory and provide a better bonding platform? The Best of The Blunt Bean Counter – A Family Vacation- A Memory Worth Not Dying For post at The Blunt Bean Counter blog offered a take on the topic.

A diamond ring becomes a staple in most romantic relationships once a couple has decided that they can live with one another for a long time. As with anything that has demand, prices skyrocket to take advantage of the gullible. Sustainable Personal Finance had some advice about the precious stone at Ladies: Stop Asking For A Diamond Engagement Ring.

Every DIY investor finds their own way to manage their portfolio. As with most things in life, ‘to each their own’. My Own Advisor wrote about his method at How I manage my DIY stock portfolio.

Loyalty programs can be lucrative but due diligence is required to avoid being scammed. Auto Loading Your Loyalty Card is a Bad Idea as demonstrated by the Canadian Personal Finance Blog.

CPP payments add an important component to retirement planning. Evidently, not everyone is going to be able to draw from the fund for a long time as their time may come soon after retirement. Wondering what happens if a retiree collecting CPP dies early? Michael James on Money provided pertinent information through What Happens to My CPP If I Die Early?.

Borrowing to invest is a great way to build wealth in an accelerated manner. But, it is also a path to misery if the risks are not managed. The Canadian Finance Blog offered help on the topic by asking What Are the Risks of Leveraged Investing?.

Many parents probably have a nervous breakdown during the summer trying to keep their precious little ones engaged and entertained. Boomer & Echo portrayed their child management skills at Our Kids’ Summer Activities, Ranked.

Is it possible to beat the market consistently if you are an individual investor? How about professional money managers? Canadian Couch Potato addressed the questions through his post: Is Beating the Market Harder Than Ever?.

During the recent stock market correction, there were probably a large number of people who sold investment units at a low to lock in their losses. However, there are better ways than that to handle such significant drops as Canadian Dream explained through The Stock Market Yo-Yo.

Everyone likes wealth but a framework to accumulate the same is significant to success. The Retire Happy blog shared Ten Rules of Wealth for readers to learn and remember.

If you would like to read more articles like this, you can sign up for my free weekly money tips newsletter below (we will never spam you).

FT About the author: FT is the founder and editor of Million Dollar Journey (est. 2006). Through various financial strategies outlined on this site, he grew his net worth from $200,000 in 2006 to $1,000,000 by 2014. You can read more about him here.

{ 5 comments… add one }
  • Avatar My Own Advisor September 18, 2015, 1:25 pm

    Thanks for the mention FT. Always great to be included.

    I hope you are enjoying the tail-end of the summer with family and friends.

    Cheers,
    Mark

  • Avatar Big Cajun Man (AW) September 18, 2015, 6:28 pm

    Thanks for the inclusion this week, an important lesson learned by me.

  • Avatar SST September 19, 2015, 2:45 pm

    re: Is Beating the Market Harder Than Ever?

    I find it hilarious that people are still discussing beating “The Market”.

    Firstly, I doubt the average retail investor has a precise definition of what “The Market” is, and if they do, they most likely think it is the S&P 500 (or the national equivalent, e.g. TSX). This enonerous definition is generously doled out by financial sector marketers…I mean professionals for their own benefit.

    Retial investors would be wise to forget the entire “Beat ‘The Market'” mantra because i) it is very likely to be the wrong benchmark (for many reasons), and ii) it is a benchmark.

    Figure out what your own rate of return/growth rate needs to be to fulfill your specific financial goals — instead of simply accepting whatever return “The Market” hands you — and set out to construct a portfolio that will do just that.

    A couple points of interest to think about as you sit down to develop your own version of “The Market”: i) many intelligent people have stated future stock market annual returns to be in the 3-5% range for decades to come (might be easy to beat “The Market” by simply not buying “The Market”), and ii) in the decades past, 25% of stocks produced 100% of “The Market” gains (how much dead weight do you own?).

    Good luck!

  • Avatar SustainablePF September 21, 2015, 12:33 am

    Thanks for read and recommendation FT. Much appreciated!

  • Avatar Michael James September 22, 2015, 1:21 pm

    Thanks for the mention, FT. It’s amazing how interest in leverage always peaks at the worst time.

Cancel reply

Leave a Comment