It was the Chinese Mid-Autumn Festival (中秋节 [Zhōng qiū jié]) on Wednesday this week! I got together with some of my Chinese friends to eat dinner at our host’s home, marvel at the very bright full moon and nearby Jupiter, and eat moon cakes.
In case you missed them, here are my posts of the week:
- How to Take a Frugal Vacation in Paradise. Guest writer Amo Tango talks about her recent trip to Cuba, which included a flight, excursions, hotel, food, drinks, and souvenirs, and all for less than $800!
- Is It Really That Expensive to Eat Healthy Food? I have heard from a few people that one reason they don’t cook at home is because they believe that it’s actually more expensive to do so. I share my own personal experience.
- Public Safety, or Public Revenue? This is a mini-rant by me on certain observations regarding the focus of traffic enforcement.
- Saving on Taxes and Growing Your Wealth with the Tax Free Savings Account (TFSA). The TFSA should be a major building block of your investment and retirement plan.
Weekend Reading
Here were my favorite reads of the week:
- Beating the Index: Stock Picks: Perpetual Energy (TSE:PMT)
- Beating the Index gives his thoughts on PMT’s future, and why he invests in PMT. If you are interested in commodities and the Canadian oil & gas sector, then you’ll want to give this one a read.
- Balance Junkie: Investment Strategies for Biflation
- Balance Junkie gives her thoughts on different strategies one can use when investing, in these times of both inflation and deflation.
- Hope to Prosper: Memo to Government: Cut Spending
- Hope to Prosper gives his thoughts on excessive government spending.
- Financial Samurai: Renters Should Pay More Taxes
- Financial Samurai tells us why it’s not enough that renters pay rent: maybe they should pay an additional renter’s tax, too!
- Personal Finance By The Book: Four Ways a Part Time Job Will Change Your Life Forever
- Joe Plemon gives us four different examples of how taking on an additional part-time job can greatly improve your life.
- Everyday Tips & Thoughts: What Will Happen When Kids Have To Live In The Real World?
- What happens when parents abdicate all sense of responsibility over their kids? All hell breaks loose.
- Generation X Finance: The Educated Indentured Servant
- Roshawn Watson has a great guest post up on the effects of the ballooning costs of higher education, and the ensuing debt burden that it places on some graduates.
- DIY Investor: What is the FOMC
- Want to learn more about the Federal Open Market Committee and what they do? DIY Investor gives us an overview.
- Wealth Artisan: Making Your Money Into Enough Money
- Wealth Artisan talks about ways to avoid temptation and avoid spending your money unnecessarily.
- Wealth Informatics: Take this house and shove it
- This is a very interesting post on how the tables have turned: Whereas in the past, banks were able to foreclose an entire home over missed payments, now people can shove underwater homes back to the bank and force them to take the loss!
… and please check out these additional articles that I liked:
Economics
- Why Things Are Not As Bad As You Think (Buy Like Buffett)
- Larry MacDonald: China the next Enron? (Canadian Business Online Blog)
- Poverty Level is 14%:What Say You? (The Millionaire Nurse Blog)
- Peter Schiff: Japan Intervenes to Bail Out America.com (EuroPAC)
- Economic Freedom of the World Annual Report 2010 (Let A Thousand Nations Bloom)
- When U.S. Tax Returns Vote With Their Feet… (Let A Thousand Nations Bloom)
- The Empirical Case against Government Stimulus (Mises Economics Blog)
- This Is Why There Are No Jobs in America (Daily Wealth)
- UK Proposes All Paychecks Go to the State First (CNBC)
- Role Reversal: Chinese Manufacturers Setting Up Shop In America (PSFK)
Health
- What the Heck is Inflammation? Why Should You Care? (The Fitness Black Book)
Investing
- September 2010 Dividend Income Update (My Own Advisor)
- Investing And Allocating Assets In Light Of Economic Weakness And Deflation (Investing Thesis)
- The Weekend Investor Strategy (Invest in the Markets)
- Warren Buffett / Berkshire Hathaway Portfolio Changes (My Financial Objectives)
- Dividend Investing 101: The Magic of Dividend Stock (The Loonie Bin)
- GOLD, OIL AND CHINA (Financial Sense)
- I, Bank (or When Computers Take Over Wall Street) (Singularity Hub)
Miscellaneous
- Energy Savings Often Exaggerated (Canadian Capitalist)
- The Secret to Amazing Life Success (Barbara Friedberg Personal Finance)
- Jobs that no longer exist in 2010 (Frugal Zeitgeist)
- Scholarships, Bursaries, and Used Books (In Search of Salt)
- Stay Down Brother, Stay Down (Andrew Hallam)
- Entrepeneur Envy + Diversification (First Gen American)
- Grease’s Financial Crisis: Why You Can’t Blame It On Wendy’s (Len Penzo)
- Timelapse Montage (The Biz of Life)
- Russians to Build Floating Nuclear Plant to Aid Arctic Oil Drilling (Let A Thousand Nations Bloom)
- Genetically Modified Salmon Could Be On Your Plate Soon (Singularity Hub)
- Disaster Shelters (Overcoming Bias)
- How Super Annoying People Can Be Your Greatest Blessing (RBs Keys to Successful Living)
- Why Is USA Different? (Overcoming Bias)
- Brain-hacking art: Making an emotional impression (KurzweilAI)
Personal Finance
- Building Up an Emergency Fund (Couple Money)
- What Does It Really Cost? (Financially Poor)
- Did You Opt-In For Overdraft Protection? Tips For Avoiding The Overdraft Fees (Free From Broke)
- Can you live without these in order to simplify your finances? (Simple Financial Lifestyle)
- How Much Should I be Saving? (Canadian Finance Blog)
- Tactics for Avoiding Home Foreclosure (Personal Dividends)
- Going Too Far to Save Money (Budgeting In the Fun Stuff)
- How To Prepare For a Financial Hardship Before It Happens (Redeeming Riches)
- Mortgage Unemployment Insurance (Wealth Pilgrim)
- 10 Ways to Budget and Spend Less Than You Earn (Maximizing Money)
Political
- Chavez pushes Venezuela into food war (Telegraph.co.uk)
- “Pol Pot’s genocide multiplied 20 times over” (Mises Economics Blog)
- The Freedoms Intended For Us (Mises Economics Blog)
- The Decivilizing Effects of Government (Mises Daily)
My roundup includes sites that mentioned Invest It Wisely over the past week; thanks for including me, and please let me know if I forgot to mention you!
Video of the week
Thanks to Canadian Capitalist for sharing this:
Have a great weekend, and see you next week.
P.S. Don’t forget to check out the giveaway contest!
Balance Junkie says
Wow. What a great shot of an autumn moon. This is a really comprehensive collection of articles. I’m honoured to be included. Thanks! 🙂
Arohan says
Thanks Kevin for the include in this list of awesome articles! I saw the full moon and was struck by how awesome it looked to the point that I stopped my car to show it to my little kids, allowing them time to marvel and wonder. This was really great after their last weekend visit to the planetarium (or as they call it, planet museum).
Tom @ Canadian Finance Blog says
Thanks for the link Kevin!
Roshawn @ Watson Inc says
Awesome round up here Kevin, and I agree that the picture is very engaging! Thanks for featuring my guest post at Gen X Finance.
Crystal @ BFS says
Thanks for the mention Kevin!
Dr Dean says
Love the way you bring in other topics for your round-up. Makes us “well-rounded!”
Arjun @ InvestingThesis.com says
Thanks for the mention, Kevin. Looking forward to that draw for the 6 month giveaway contest. I hope I win.
Have a smashing weekend, Kevin.
Financial Cents says
Wow, whatta great list Kevin!
Keep up the great work, and lastly, thanks for the mention!
All the best,
Mark
Money and Risk says
Kevin,
This is a rather overwhelming list. Can’t you just zap it electronically to my brain. Much quicker.
Between packing the house and preparing for a wedding, I barely have time to read emails. Now you just added more guilt.
The Biz of Life says
It’s always great to run across a new Bogle interview. I don’t always agree with him, but there’s no question where his heart and loyalties lie.
Craig says
Thanks for the mention!
Bret @ hope to Prosper says
Kevin,
Thanks a million for including my post in your list.
I loved the John Boggle interview, especially the part about what we can expect to return from the markets. It’s great to see someone from Wall Street who is talking about what is fair to clients.
B Simple says
Thanks for including my post.
Doctor Stock says
Thanks for the inclusion… just when I though I was done reading for the weekend, up pop another 30 articles on your list… wow!
Myke@In Search of Salt says
Thanks a lot for the mention, Kevin. Hope you have a good week.
myfinancialobjectives says
thanks for the link!
Barb Friedberg says
Hi Kevin, Thanks for including my Secret to Amazing Success Article! (PS can you change my gift card for your giveaway to a $25 Amazon gift certificate?)
Thanks, Barb
Kevin says
@Balance Junkie
I was also honored by your kind mention on your blog. I enjoyed the article! I found the shot via another blog that had featured an image from http://kerrdelune.blogspot.com/ (It is mentioned in the image title when you hover, too); there are some AMAZING photos there.
@Arohan
The little things like that are so wondrous to look at from the eyes of a child. They probably appreciated that!
@Tom @ Canadian Finance Blog
Thanks, hope you enjoyed the weekend!
@Roshawn @ Watson Inc
It was a pretty good post, and it generated a lot of interesting discussion. That’s what I like about your posts.
@Crystal @ BFS
You are welcome. 🙂
@Dr Dean
I tried to bring the links down to size, but I couldn’t help it. So I tried to format it in a way that it would still be easy to read. 😉
@Arjun @ InvestingThesis.com
Thanks! The draw’s coming up soon!
@Financial Cents
Thanks, hope you enjoyed the weekend as well!
@Money and Risk
Wait a few more years, and there might be a WordPress plugin for that. 😛
@The Biz of Life
I liked the video, as well. I do think that there is a bit too much wealth going Wall Street’s way to be justified.
@Craig
You’re welcome!
@Bret @ hope to Prosper
No problem; you don’t post very often but when you do, it’s always a thoughtful and enjoyable read.
@B Simple
No problem!
@Doctor Stock
Yep, I know. I need to put my roundups on a slimfast diet. 😉
@Myke@In Search of Salt
Hope you enjoyed the weekend!
@myfinancialobjectives
No probs!
@Barb Friedberg
No problem Barb, I will go and update it. Thanks again for sponsoring!
Forest says
Been meaning to comment here for a few days….. Thanks for the link.
The moon night sounds fun. I love just going round someone’s house and eating / chatting. Simple good fun!
Kevin says
Yep, every now and then is a lot of fun!
Mark says
Thanks for the inclusion.
Kevin says
No problem; thanks for the great articles!
The Wealth Artisan says
Hey Kevin,
Thanks for including me. WordPress never told me that I got a linkback 🙁 It’s definitely appreciated!
Thanks,
Timothy
Kevin says
I hope it’s not in your spam! 😉
I’ve also had this problem with WordPress, and sometimes, I don’t receive pingbacks, either. I think there is a limit to the pingbacks sent out, and further pingbacks are never sent out unless you manually update the post. It’s a bug that hasn’t yet been fixed…