The latest issue of MoneySense Magazine is out, and I’ve been featured along with other Canadian investors, in Julie Cazzin’s article, Get More Out Of Your TFSA. I haven’t received my copy yet, but went up to Shoppers and bought a few extra issues Julie thanx for the opportunity! This Couch Potato TFSA is only a part of my portfolio – now at 5K. I’ll cover my strategies behind the Ninja Potato in more detail early next week.
The Millionaire Teacher
[easyazon-image-link asin="0470830069" alt="Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School" src="http://ecx.images-amazon.com/images/I/41SEzHEVySL.jpg" align="left" width="200" height="300"]Andrew Hallam’s new book Millionaire Teacher, arrived on my doorstep yesterday, well underneath my mailbox actually – thanks to my stepdaughter for noticing! I can’t begin to tell you how excited I am to have finally received Andrew’s new book, after several months of waiting. Andrew Hallam is one of my favourite bloggers and finance writers. He is a very approachable and warm person, and I’ve always enjoyed connecting with him, albeit online and briefly. I interviewed Andrew back in June about Millionaire Teacher.
My first peruse of the book over a glass of red wine and dinner was – WOW this is amazing! First of all, Millionaire Teacher is not your standard thick finance book that is going to take you a week or two to read through. Let’s face it, mention to someone at work, they should read a finance book or an investment book, and they will cleverly begin to avoid you in the hallway or lunch room. The reason is simple. Most finance books are pretty boring to read, and aren’t written for ordinary people. When Andrew started this book, he set out to write something not only informative and educational, but also entertaining and written in a style readers can relate to- and it shows!
Even the text, heading and illustrations in the book are nicely presented. I can hardly wait to get into the content of this book, because with Andrew’s experience and knowledge in finances – it is not going to disappoint. And by the way, Millionaire Teacher isn’t just about index investing – there be stocks and dividends here! If you are wondering how Andrew analyzes dividend paying stocks, he tells you how. The strategies which Andrew analyzes companies with, is worth the small price the book. Of course my real goal is to get this book read cover to cover, and a review written before two of my other favourite finance bloggers (My Own Advisor, and Wealthy Canadian) get their hands on the book, and beat me to it! It’s not that I’m competitive – I just like to be first
The Weekly Lineup
And now onto a few great reads from other finance bloggers over the last couple of weeks:
- As you know I attended FinCon11 at the beginning of October – The first annual Financial Bloggers Conference. Philip Taylor, is the man behind this conference, and to say he did an excellent job of organizing this event, would be an understatement! This 250+ conference is the biggest networking event I’ve been to, with seminars by the leading bloggers in the industry, and more information than I can possibly pack into a lifetime. The fact is the conference went seamlessly with hardly a glitch. How did Philip do this? Read his post How To Organize a Peer Conference, on how he had been planning and organizing FinCon11, and how he pulled the sponsors and events together. A fascinating read indeed!
- If you are a blogger you might find this post on the Financial Bloggers Conference quite interesting as well from KNS Financial.
- Media Alert: The Wealthy Canadian has sold all of his dividend stocks, and has converted his entire portfolio to Index Investing. Just kidding of course! But he has set aside 10K, in his Ride The Tide Potfolio. This prolific millionaire blogger just wrote three articles on ideas behind indexing, so I knew at some point he would try it out for a test spin
- Last month, Scotia itrade became the first discount brokerage in Canada to offer commission-free ETFs. Now Qtrade (not to be confused with Quest Trade) is also offering a host of commission free ETFs. The Canadian Couch Potato recently covered these. Now all I have to do is wait for TD Waterhouse to jump on the band wagon! Knowing TD Waterhouse however, that could be later than sooner
- The Canadian Couch Potato also reviews the recent and spreading concern over the ETF Industry, in How ETFs Came Under Fire. Next week, Dan will look at some of these concerns, and explain how relevant they are for Canadian ETF investors.
- Dividend Mantra did a nice detour from dividends this week, and gave readers his Thoughts on an Emergency Fund.
- If you need more Weekly Roundups, be sure to check out MOA’s Weekend Reading – Bloggers go mainstream edition. MOA always has an epic weekly roundup!
Have a nice weekend everyone!