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.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).