- Stocks for the Long Run author Jeremey Siegel says that stocks are “extraordinarily cheap” and selling at valuations not seen in 30 years.
- Gordon Stockman, a financial planner, is tired of hearing people saying that the latest market turmoil is forcing them to postpone their retirement and work longer. He wrote a guest post in the Wealthy Boomer blog wondering if investors have the right perspective on the current market turmoil.
- Warren Buffett is a great stock picker and a great businessman. The latter is the other reason for his success says Jason Zweig in The Wall Street Journal. Speaking of Buffett, Where Does All my Money Go? is giving away a copy of The Snowball: Warren Buffett and the Business of Life.
- James Daw of the Toronto Star checks with Derek Foster to see how the young retiree is coping with the market downturn.
- Million Dollar Journey wrote a primer on reverse mortgages.
- Larry MacDonald notes that the average dividend yield on the Canadian banks exceeds the current yield on 10-year Canada bonds by a wide margin.
- Canadian Financial Stuff compares buying an iPhone with an expensive monthly plan to an iPod Touch and a cell phone.
- Canadian Financial DIY sees signs that the market panic may be over.
- Michael James had some fun with market timing.
- Money Grubbing Lawyer opened a Questrade account and wrote about the experience.
Around the Personal Finance Network
- Four Pillars takes issue with CARP’s stand on mandatory RRIF withdrawals.
- Squawk Fox asked her readers about their three worst financial decisions.
- I’m not sure how prevalent credit repair is in Canada. Blunt Money warns that the only real way to repair credit history is to change behaviour and give it time.
- Clever Dude offered some frugal car maintenance ideas.
- Money Ning on what his parents taught him about money.