Leasing a Car is not Like Renting It
Here are my short takes and some weekend reading.
There is a serious problem with Canada’s mutual fund industry. In a letter to the Canadian Securities Administrators (CSA), Steadyhand Investment Funds clearly explains this problem and how to fix it. My favourite part of the letter is a quote from a mutual fund investor who clearly does not understand how advisors get paid: “Our financial advisor is such a nice man. Every year he takes us out for a wonderful dinner. I wish we could pay him [in] some way.”
Mr. Money Mustache shows a young couple how to change their finances to climb out of debt and prepare for a family.
The Blunt Bean Counter discusses some tricky tax situations related to travel expenses for rental properties, declining a tax-free rollover to a spouse, and pooling charitable donations between spouses.
My Own Advisor has a sensible reaction to stock tips in an investment newsletter he read.
Preet Banerjee offers some options for cutting down on bank fees.
Big Cajun Man discusses his experiences with boomerang children.
Million Dollar Journey explains that an increase in your property’s assessed valued doesn’t translate directly into an increase in your property taxes.