This and That

1. Peter Bernstein writes in the New York Times that our assumptions about the future may be wrong and risk management should be a process of dealing with the consequences of being wrong.
2. Jon Chevreau reports that a million dollars ain’t what it used to be. There are now 1.1 million Canadian families with a net worth of $1 million or more.
3. Larry MacDonald discussed how real estate agents don’t have an incentive to get the best price for the home owner. Michael James agreed with Larry’s ideas on improving the incentives for Realtors.
4. Ellen Roseman talked about Dividend Reinvestment Plans (DRIPs) as a cheap way to invest for the long term.
5. As stock markets are in free-fall mode once again, Preet reminds us how important it is to stay the course.
6. Thanks to Canadian Financial Stuff for pointing out that Ontario residents can renew their license plate validation stickers online.
7. Million Dollar Journey’s shares his top ten ways to save money in University.
8. If a stock you held cut its dividend, what do you do? Some suggestions from the Dividend Guy.
9. Thicken My Wallet on how to survive a bad economy.
10. Canadian Dream upbraids Million Dollar Journey for being a workaholic.

Have a great weekend everyone!