No, this is not a short story with an interesting title, it is a re-branding of what I formerly called “Weekend Reading.” The name change is partially to bring it inline with the blog title, and also because since finally learning about RSS feeds, I no longer have crazy Sundays of financial blog reading.
Other than the name, nothing has really changed with the concept. On to some of the articles I found interesting.
- Last week I had a few posts outlining the carry trade and exchange rates. If you would like to see a visual explanation, you should watch this carry trade video by Paddy Hirsch which also talks about why it is a possible problem in the States now.
- Canadian Capitalist summarizes a report that asks if Investment Advisors add value. The findings? They are much like babysitters: you pay them a fee to do something that you could do better. Maybe a little harsh, but correct in some circumstances.
- In another precis, Larry MacDonald looks at a paper that talks about the less desirable effect of index funds… that they can make it harder to evaluate active management.
- This post at Million Dollar Journey is a basic introduction to corporate bonds. It looks like a part II will be coming soon.
- I love posts on credit, and Canadian Finance Blog has one on using credit cards correctly, including some things you might not think about your card as being useful for.
- Invest It Wisely talks about investing in Vanguard funds using ETFs, and also compares them to the fund version.
- Mr. Cheap officially announced that he will be leaving the Money Smarts blog. He will be missed.
- Where Does All My Money Go? points us to a new tool to look up IIROC licensed advisors.
- Canadian Couch Potato says all portfolios need bonds. Very good point. And contrary to common belief, I would say that bonds can be fascinating.
Hope readers in Canada had a good Labour Day weekend!