He lives in a modest home, drives a modest car and he is one of the richest men on the planet. Here’s Part 1 of The World’s Greatest Money Maker, a 60-minute show on Warren Buffet’s life and his methods.
- In this hard-hitting article in The Globe and Mail, Fabrice Taylor says only suckers invest in a closed-end fund IPO. About 6 percent of the initial capital goes to feed all those bankers, brokers and lawyers and the fun is only just beginning.
- With the deadline for taxing income trusts fast approaching, what’s an income investor to do? Investing Thesis finds out some alternatives to finding income after trust conversions.
- Steadyhand Fund’s Tom Bradley takes ING Direct to task for misleading advertising of their Streetwise funds.
- The Financial Blogger listed some of the perks in being a resident of la belle province.
- We can put money into the account but can we take it out? Gail Vaz-Oxlade is surprised by the restrictions on withdrawing money from a RESP.
- Larry MacDonald is all praises for a new book titled 10 Things I Wish Someone Had Told Me About Retirement.
- Michael James on Money highlights an interesting article that contains colourful quotes from a Q&A with Charlie Munger. If you have an hour or so, you can view the video here.
- In Search of Salt urges students to save money by buying used books and taking full advantages of scholarships and bursaries.
- DirectBuy charges an initial membership fee of $5,000 plus annual fees. A Canadian Money Forum member debates whether if any savings will be worth the outlay.
- Million Dollar Journey featured an interview with the CEO of a private REIT. Private REITs may be less volatile than publicly-traded ones but investors should keep in mind that private REITs have lower liquidity.
- Money Smart Blog’s Mike Holman has just published a book on RESPs.
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. Thanks for reading and have a great weekend!