- ING Direct is the first out of the gate in announcing a no-fee, no-minimum, high-interest Tax Free Savings Account. Also, check out the top ten things to know about the TFSA.
- Proponents of active management make a virtue out of necessity (of holding some cash) and claim that their style performs better in down markets. Well, not always. In the first quarter of 2008, the asset weighted returns of Canadian equity funds was -4.25% compared to -2.84% for the TSX Composite Index. I should also point out that the Sleepy Portfolio lost a miniscule -0.7% due to the 25% allocated to low-risk assets.
- Rob Carrick writes that it is better to fill up the car where it is cheaper instead of looking to earn loyalty points. He specifically mentions Ultramar, which I find to be the cheapest gas station around as well.
- Ellen Roseman finds out how an airfare advertised as $99 each way, ended up costing $408.41.
- Canadian Financial DIY posted the expected real rate of return for major asset classes from various sources.
- Mike from Four Pillars debated how to exchange Euros into Canadian Dollars.
- Million Dollar Journey featured a guest post on disability insurance.
- The Dividend Guy’s temporary relocation has affected his dividend reinvestments.
- Thicken My Wallet’s take on the top personal finance stories of the year so far.
- Around the Personal Finance Network: Squawkfox developed a nifty mileage calculator and put together a little video tutorial. Money Ning boils down all money management to a single rule.