I decided to go on a solo road trip this weekend to visit some friends, a trip that for the most part was highly enjoyable. It’s nice to see people who only exist as email contacts for the other 51 weeks of the year.
The only bad part? The hotel’s fire alarm went off at 4:30am.
Because it was 4:30 and the last thing I wanted was to leave my comfy bed, I delayed leaving. I just assumed it was a false alarm. I couldn’t smell any smoke or see anything. And if people were evacuating my floor, they were doing it with the volume and intensity as mice.
But the alarm persisted for five minutes and then ten, so I finally roused myself and started the difficult process of putting on pants. I got dressed, headed to the front desk, and saw a half dozen firefighters just milling about. That was all I needed to see; I turned around and went back upstairs using the elevator this time.
I’m not usually in favor of the death penalty, but I am for whoever pulled that fire alarm.
These are the articles I liked this week.
1. Let’s start things off with by far the most bizarre article I read this week, on Meat Loaf’s fantasy sports prowess. The man is either the greatest fantasy sports player of all-time or one of the great liars. Either way, it’s an article worth a few minutes of your time.
2. Over at Money We Have, Barry Choi points out that choosing the correct mortgage adds up to tens of thousands of dollars in savings over a 25-year term. By spending a little more time picking out the right loan, you can have a huge impact on your overall finances.
3. You know how everyone says the income of the average worker continues to be stagnant? Well PK at Don’t Quit Your Day Job actually crunched the numbers, and came to a slightly different conclusion.
4. Oddball Stocks continues to be one of my favorite value investing blogs. His latest post is on the information edge needed by active investors to be successful. He argues this edge doesn’t need to be as large as one would think.
5. Over at Half Banked, Desirae points out that having a blog is basically just a bill of expense. Okay, not really, but to be halfways successful in the niche you do have to spend a couple of bucks.
6. Speaking of mortgages, Canadian Mortgage Trends tells about some potential bad news for homeowners starting in 2017. It looks like mortgage insurance premiums will go up. I guess y’all will just have to do what everyone has been telling you all along and put 20% down.
7. Over at Boomer and Echo, Robb has some really simple advice to millennials. Just start investing already, dammit. And while you’re at it, move out of your parents’ basement.
Fun somewhat related fact: while talking to a friend on Friday he told the story about a house developer who built seniors condos. And he said he doesn’t build any one bedroom condos anymore. The reason? Because many seniors want an extra bedroom for their kids/grandkids to have the option to move into. Apparently this happens all the time.
8. Nomad Capitalist has some feelings about recent immigration changes brought in by a previous government, and he’s no fan. In between that bill and recent taxes that make it prohibitively expensive for a foreigner to purchase a place in Vancouver, it would be easy for immigrants to get the wrong impression.
Stuff Nelson wrote
As a reminder, you can hire me to write for your blog, newspaper, or poorly-Xeroxed newsletter. Hit the ol’ contact me page to get the ball rolling.
1. Do you want to invest in the electric car revolution but aren’t sure which company will profit? I propose an alternate solution over at Motley Fool Canada.
2. Home insurance when you have a pool is a little more tricky than normal. I give you all the deets over at Lowest Rates.
Tweet of the week
This really deserved more than one like.
"Baby, I'm so sorry. It'll never happen again. I love you more than a sportswriter loves Bruce Springsteen."
— Nelson! (@financialuproar) September 23, 2016
Have a good week, everyone.