Wow August sure flew by quickly. I can't believe September is just around the corner! August has been really good for us. The big news of the month is that we bought a house (!!!) and we will be moving out of our apartment in November. Both Mrs. T and I are really looking forward to home ownership and having a backyard where we can grow our own vegetables. Another way to reduce our monthly spending! 🙂
Before I bore you with my life updates, here are some blog articles that I enjoyed reading over the last couple of weeks.
Melanie at Retire By 40 wrote about why one should diversify income streams. This concept is something that everyone should do so you're not tied to one "job."
Young at Young & Thrifty told us that she over contributed TFSA. Many Canadians do over contribute their TFSAs by accident. Young shared some ways to check your contribution limit. Right now we only put money into our TFSAs but I can see how calculations could get more complicated if you start taking out money from the TFSA. Great tips!
Since we're on the TFSA topic, Mark at Passive Income Earner talked about why he loves TFSA so much. I can't agree more.
I work from home from time to time and sometimes I get distracted. Miranda at Prairie Eco-Thrifter shared some tips on how to limit distractions while working from home. Having a designated work area is a good way to be more efficient when working from home.
Mr. Money Mustache recently sold his house and wrote about how he plans to invest the new capital. For those of you that are trying to time the stock market I highly recommend you reading this article.
The Dividend Guy wonders if there's still growth left in Canadian banks and Telecom sectors. I think there are still a lot of growths left in these sectors, that's why I recently bought some Royal Bank shares.
Jason at Dividend Mantra states that we stock investor should think like an owner. I totally agree! When you own company stocks you are part owner of the company, you should check out how your companies are doing. When I walk by shopping centres and seeing that they are managed by RioCan. I usually would go in and check out the stores. If there happens to be an Apple store inside the shopping centre, I would make an effort to stop by and check out how busy it is. We own both RioCan and Apple in our dividend portfolio.
Liquid at Freedom 35 Blog explained a little bit about the Burger King and Tim Hortons merger. Looking at Tim Hortons' stock price I am a little bummed out that I didn't purchase some when it was in the $60 range, especially considering that Tim Hortons was on my watchlist. Oh well. 🙂
Barry at Money We Have states that you should always track your spending. While it's important to know that you're spending less than you're earning, it's even more important to categorize your spending and see if you can trim your spending in certain categories.
Have a good long weekend everyone!