Here is a selection of what I’ve been reading over the last month:
- ETF fee cut in the dividend aisle: The trend towards lower fee ETFs continues. Good news for passive investors!
- This one simple money habit makes all the difference in having a comfortable retirement: “Those who thought about retirement — “a lot,” “some” or even “a little” — approached retirement age with twice the wealth of non-planners”
- Tackling the ‘Nastiest, Hardest Problem in Finance’: “Many financial planners use a simple rule of thumb: withdraw 4 percent a year from your savings until you either die or run out of money. This one-size-fits-all solution is suboptimal for a reality where the potential outcomes are almost infinite, or as Sharpe describes it, a “multiperiod problem with actuarial issues, in a multidimensional scenario matrix.” “
- Should you pay down mortgage or invest?: This is a question I revisit semi-regularly. I have gone the direction of doing both, roughly 50/50.
- Poll Reveals What Canadians Value More Than Money: You guessed it, “experiences”. I would say that is true for our family, after our basic needs are met or course.
- Robo advisors are taking the emotion out of wealth management — but not everyone thinks that’s a good thing: People who lose out with the shift to passive investing will be loud critics. That said, I do think that people should check in with a financial planner every so often. If the robo’s phone call options are enough, then set up a meeting with a fee only planner.
Lots more great reads this month, but I will stop there.
What have you been reading this month?