Posted by
David Friesen on
February 22nd, 2012
Given our weekly look at this ongoing story of mostly doom and gloom, I saw this post on another blog today and thought it was well worth sharing here. These two characters poke fun at many serious issues and this is hilarious.
Here is the link to that post. The Greek Economy
Enjoy
David Friesen
Posted by
David Friesen on
February 15th, 2012
There are rare occasions when a government provides it’s citizens with an investing opportunity of significant value. One could say that the introduction of the RSP and RESP could fall into that category although both come with some strings attached.
However with the creation of the Tax Free Savings Account in 2009 (or as the Wealthy Barber puts it, the “Totally Fantastic Savings Account”), Canadians have never had a better option of holding on to their creation of wealth. Yet in all of its glory, I am amazed not only at the poor advice that people get regarding the TFSA but also in the number of Canadians who have no clue how it can impact their future and therefore don’t use it. The key phrase here is Tax Free! And with our ‘friendly’ government always wanting to be a co-partner in our wealth building (read taxes) we should take advantage of opportunities to reduce those taxes.
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Posted by
Jonathan Chandran on
February 14th, 2012
Breaking News……..Cameco Approves Dividend
Cameco (TSX:CCO) (NYSE:CCJ) recently announced that its board of directors has approved a quarterly cash dividend of $0.10 (Cdn) per common share, payable on April 13, 2012 to shareholders of record on March 30, 2012.
In our last newsletter we discussed Cameco in some detail. Here are a few excerpts:
URANIUM and Cameco
We recieved a number of requests about CCO since the January newsletter. Basically, the gist of the requests was “what should I do with my current holdings of CCO bought prior the earthquake?” The answer is DEPENDS.
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Posted by
David Friesen on
February 10th, 2012
The Globe and Mail published an article titled “When to pull the plug on that mutual fund“ by Mary Gooderham Thursday, Feb. 09, 2012. The purpose of the article was to provide some suggestions regarding an exit strategy if your funds are underperforming. I did post a reply to that article with my comments on their statements and thought it might be useful to post it here as well.
The article quotes are italicized and my comments follow:
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Posted by
David Friesen on
February 3rd, 2012
Ah that is a straightforward headline. No doubt it will raise some eyebrows and I may get all kinds of comments back because of the word “ignorance”. But nothing could be further from the truth. And approached correctly it will absolutely make a difference in your financial future.
Mirriam-Webster defines the word ignorance as “lacking knowledge, education or awareness”. For the record it does not mean lacking intelligence. How does ignorance affect our ability to be successful with our money? In a number of different ways but mostly it shows up in the decisions we make. Read more »
