It was a mighty rough week for investors, but that just proved to be fuel for bloggers. Here are my favourite distractions from this past week:
- Simple Debt-Free Finance has called my sanity into question for wanting to invest in banks in his post Waiting on Buffett. He may be right, I may be crazy. But it just may be a lunatic you’re looking for.
- Clever Dude discusses his decision to stick with a good ol’ CRT television instead of a fancy pants flat screen.
- Preet at WhereDoesAllMyMoneyGo.com is offering an excellent Free Guide to Canadian-Listed ETFs. There’s some great info in there and it’s a must read for anyone interested in ETFs.
- MoneyNing is asking What Motivates You to Make Money? For me, the answer is simple- first you get the money, then you get the power, then you get the women…
- Living Almost Large is also asking questions, but hers is “Is spending wrong?”.
- It was a very tough week in the markets. The Passive Dad offers his thoughts on what to do when stocks are sliding.
- Mr. ToughMoneyLove offers a different perspective, noting that doing nothing can itself be a strategic response.
- My favourite response to the economic downturn is that of My Two Dollars, who suggests that this is a time to buy stocks in gambling, alcohol, and tobacco companies. It looks like Mr. Cheap at Quest for Four Pillars did alright with his Rothmans shares, now that the takeover by Philip Morris is complete. I’ll be writing about my own love affair with beer and smokes as investment opportunities sometime next week.
- Thicken My Wallet discusses why dividend mutual funds may not be all they promise.
- Frugal Trader at Million Dollar Journey writes about the tough choice faced by many new parents in deciding whether to place a child in daycare or have one parent stay at home.
- Finally, my dear wife turned 29 this week. Right on time, Fabulously Broke in the City published a list of 10 things to do before 30. Thankfully, I’ve got significantly more time than wifey to complete this list ;).
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{ 6 comments… read them below or add one }
thanks for the mention
Thanks for the mention and link! I agree that now is probably a good time to get into sin stock (although, really, is there ever a bad time?). Its a shame we’re being forced (or at least “pressured”) to sell ROC…
Hi MGL - thanks for the link! Hope you are enjoying your weekend.
Thanks for recommending my article.
MGL:
Thanks for the link and the mention.
Sorry for the lunacy, but thanks again for the inspiration.
BTW: it’s always nice to see a Billy Joel reference
Excellent Billy Joel reference.