Should we continue numbering these things where I left off back in 2017? Or should we start over? Or maybe I should get a new way of telling these bad boys apart since I can’t count past 48.
Before we get to the links, let me tell you kids about a contest over at the Lowest Rates website. They’re looking for the best piece of personal finance advice you’ve ever received. The best of the submissions will win a shiny new MacBook. That’s some serious swag right there.
I’m not really sure what the best piece of personal finance advice I’ve ever received. I remember my first boss at my very first job (Dairy Queen, REPRESENT!) used to tell me “take care of the pennies and the dollars will take care of themselves.” I also remember being taught the beauty of having your money work for you as you sleep around the same time. Both pieces of advice seem pretty simplistic now, but they really made a difference back then. It turns out 14-year old Nelson was pretty clueless. Some might argue 35-year old Nelson isn’t much better.
Now seems like a good time to remind y’all about the worst financial advice I ever received.
Alright, it’s time for some links. Let’s do this thang.
Links I liked
1. Let’s start things off with the nearest tab currently open on my laptop. No, it’s surprisingly not porn. It’s a series of networking tips from Tim Ferris, that guy everyone publicly says is annoying but actually they like his stuff. I am no different.
2. I’m a fan of these monthly investing ideas from Mr. Tako Escapes. If you like the way I invest, you’ll probably be interested in Mr. Tako’s takes.
3. Bruce Flatt runs Brookfield Asset Management, which might be the world’s largest asset manager. Okay, not quite, but the company is still a behemoth. It owns everything from real estate to power plants and everything in between. He recently gave a talk at Google about his investing philosophy and about 14 people showed up. Maybe everyone planned to watch it on Youtube after? I dunno.
4. About once a year, Freedom 35 Blog puts together a bunch of negative comments about his blog from various anonymous internet folk. They’re pretty funny. Nice to see he’s got a sense of humor about it all. I know other bloggers who would actually lose sleep over stuff not nearly as bad.
5. A nice post from Paul over at Asset-Based Life, talking about one of the reasons I’d say everyone blogs. We want to leave some sort of legacy. Paul wants a resource about money he can use to educate his kids. I’m firmly on Team No Kids, meaning my target market is bored tech employees doing anything they can to avoid real work. I feel your pain, brother.
6. I’ve been a fan of Dale Roberts’ writing over at Seeking Alpha for years now. His new site, Cut the Crap Investing, is dedicated to helping Canadian investors lower their investing fees while keeping their portfolios simple. Not surprisingly, he recommends a lot of ETFs. He recently came up with a bunch of model portfolios which are definitely worth a few minutes of your time.
7. The New Horizons Mall just outside of Calgary promised to be truly unique. Instead of vendors renting space, they would buy their own individual store. Think of it like a condo, but also a shopping mall. What started out as a great idea has stumbled. The mall has recently opened with a 98% vacancy rate. No, that’s not a typo. What a crazy place. I must visit.
8. Gen Y Money has some interesting thoughts on the ol’ FIRE movement, specifically why she wants a nice cushion before she retires and why many retirement bloggers have just transitioned from full-time work to blogging. Long-time readers might be interested to know I’m beginning to soften my thoughts on the definition of retirement, mostly because I just don’t care anymore.
9. Gonna sneak in a link to the ol’ investing blog here. I found an interesting company that’s buying up strip clubs. Nobody is surprised I wrote about this.
10. Here’s a fantastic discussion from actual small business owners about the new tariffs impacting goods traveling across the Canada-U.S. border.
11. Which Canadian bank has the country’s most popular credit card? Nope, not your bank. Or any other one. It’s actually a grocery store.
(Upon further reading, it turns out most of Canada’s most-loved credit cards don’t come from banks. This should surprise nobody.)
12. And finally, here’s Oddball Stocks, who points out that every business is a depreciating asset. If a business doesn’t continue to invest in itself, it will eventually die. Unlike my Italics Man joke, which will live forever.
Have a good weekend, everyone.