- Many “financial advisors” in Canada are simply mutual fund salespeople. This article on Morningstar weighs in on how to tell true advisors and product pushers apart.
- A recent report said that as many as 1.7 million households in Canada are worth more than $1 million. Garry Marr writing in the Financial Post explains why this isn’t as big a deal as it first appears.
- Globe & Mail’s John Heinzl weighs in on the question of how often to rebalance a portfolio.
- Preet Banerjee explains what dollar value averaging is and why it might be better than dollar cost averaging.
- Housing bubble? What housing bubble? Apart from Vancouver and surrounding areas, there is no housing bubble in Canada says Larry MacDonald.
- Boomer and Echo offered some useful tips on how to use e-post to organize and manage bills.
- Options are something I’ve never dabbled in. Million Dollar Journey has written up a step-by-step guide to writing covered call options.
- Money Smarts Blog has some useful pointers for parents who are planning on setting up RESPs for older kids.
- Canadian Couch Potato investigates how many actively-managed mutual funds outperformed a globally diversified index fund portfolio over a 10 year period.
- Michael James explains why he is sceptical of the rule that says you should cut your losers and let your winners run.
I’m unable to highlight all the articles worth checking out in my weekly round-up but you can check them out through my Twitter feed.
Have a great Victoria Day long-weekend everyone!