Twenty one years after The Wealthy Barber became a phenomenon, David Chilton is coming out with a sequel next year. The book made him very wealthy — the book was self-published — but despite all his successes unlike many other personal finance gurus (I’m not naming names), Mr. Chilton is humorous, funny and down-to-earth in this interview with CBC’s George Stroumboulopoulos:
- The Toronto Star has launched a new personal finance website called Moneyville featuring blogs by Ellen Roseman and others. In one of the articles published on the site author David Chilton explains why so many people are afflicted with what he calls the “Diderot effect”.
- When it comes to rewards, my first preference is cold, hard, cash. But loyalty cards remain very popular with Canadians. Rob Carrick wrote about a new report that said Aeroplan offers the most attractive rewards program.
- Canadian Financial Stuff explains in this old post why it’s dangerous to give out advice, financial or not.
- Death of equities? Not really, says Thicken My Wallet pointing out that money is flowing into exchange-traded funds.
- Canadian Financial DIY wrote an interesting post on new research that seems to indicate that indexing might b becoming a victim of its own success.
- Kevin Press reports on a conference talk on how our lizard brain prevents us from succeeding in our personal finances.
- Financial Highway posted on the seven common money fears and how to overcome them.
- Preet Banerjee questions if even the TSX Composite Index accurately reflects the Canadian stock market. Perhaps not. But as one reader pointed out, you don’t no choice but to sample the market.
- Michael James on Money points out why frequent rebalancing may not be profitable. I simply put new money and portfolio income in a lagging asset class.
- Million Dollar Journey ran a guest post on the discussions held at the Canadian Apartment Investment Conference.
- One Canadian Money Forum member explains his three tier savings strategy.
- Larry MacDonald writes that it may be time to turn cautious on commodities.
- Do high-yield bonds belong in a portfolio? Canadian Couch Potato presents opinion from opposing sides of the argument.
It’s been a bit slow around here what with busy work schedules and sick kids. I hope to return to our regular scheduling soon. Have a great weekend everyone!