- Jon Chevreau highlighted a report warning investors of the dangers of double leveraged ETFs. In a report titled Heads You Lose, Tails You Lose: The Strange Case of Leveraged ETFs, FAIR Canada highlighted how four of nine pairs of leveraged ETFs lost money (i.e. both the bull and bear versions lost money) when held for a year and calls for more regulation to protect investors.
- The sweeping credit card legislation passed in the U.S. Senate might have a downside for dead-beat customers who pay their balance in full every month. Credit card companied are threatening to cut rewards programs sharply.
- Larry MacDonald gets nostalgic over media appearances by some of Canada’s best-known financial gurus from 1979 to 2009 archived on the CBC Digital website.
- A new personal finance blog written by Chaya Cooperberg for the Globe and Mail called Home Cents is worth reading. The RSS Feed is available here.
- Million Dollar Journey on the options available for a 60-year old with lots of cash and no portfolio.
- With savings accounts paying not-so-high-interest and GICs offering meagre returns, what should an investor do in a low interest environment? Thicken My Wallet finds out.
- Michael James has one more reason to avoid leveraged ETFs: these products seem to have expenses that are much higher than advertised.
- Four Pillars on why you should never underestimate (or overestimate) small savings or income opportunities.
- Canadian Personal Finance posted his thoughts on garage sales.
- Canadian Financial DIY reviewed and is giving away a copy of The Cost of Capitalism.
Have a great weekend everyone!
