Although this week was a short work week, it actually felt more like a 7 day work week. Good thing it’s finally the weekend! This weekend will not be spent lounging around though. Mrs. T and I will be spending both Saturday and Sunday packing. We take possession of the new house in a few days and will be moving next week! How exciting!
Random Picture of the Day:
Our pet cat “T-Cat” got into the Halloween spirit early. She decided to dress up as a devil cat for this year.
Financial Quote of the Day:
“You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in – in 2007, we just didn’t know it was uncertain. It was – uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn’t know it.” -Warren Buffet
The recent dip in the stock markets has made a lot of people feeling uneasy. A lot of people decide to sell their stocks because the future seems uncertain. As Warren Buffet pointed out, all time is uncertain. All we can do is continuing with our investment strategy and move forward. This is exactly why I recently purchased Suncor and BP.
Living frugally is a great way to save money aside so you can invest regularly. This is why I wrote about 6 ways to save money on baby items and How much is your entertainment costing you? earlier this week.
Now time for some links from blogosphere!
Winnie and Jeremy at Go Curry Cracker talked about how convenient the convenience stores are in Taiwan. This is one thing I wish we could have more here in North America. Convenient stores are huge in Taiwan and Japan and you can just do about everything in these stores.
Krystal decides to go back to school for a management degree. It’s awesome that her employer will pay for part of the degree. I looked into getting an MBA earlier this year but when I looked at the cost I immediately dropped the idea. Maybe I need to see if my employer will pay for part of the MBA too.
Tim talks about how the market is on sale now. He thinks that we pay too much attention to media and our emotions take the best of us during volatile times. We fear losing more than we enjoy gains, so we sale on emotion to try to stop the losses, instead of looking at the big picture. I can’t agree more with what Tim said in the article.
Sam at Financial Samurai talks about losing weight and making money in the same article! He has a great idea on building wealth with a portable financial scale.
Frugal Hound is wearing lots of sweaters because the Frugalwoods are saving money by not turning on heat just yet. What an awesome strategy! We haven’t turned on our heat either.
Joe at Retire by 40 wrote about 5 items not to skimp on. Living frugally is important but I truly believe there are times that you should pay a little extra to get good quality products. Doing so will save you money in the long run!
Asset-Grinder is killing it with his net worth update. His net worth dropped a little bit due to the stock markets but overall he’s doing very well.
Mark at My Own Advisor had an interview with Derek Foster, Canada’s Youngest Retiree. Having read Derek’s books on dividend investing, it’s really inspiring to see where he is today.
Write Your Own Reality developed a dividend tracking calendar. Although I track our dividend income I don’t go as extensive as Write Your Own Reality. Perhaps I should take a look in updating our dividend income spreadsheet to incorporate some ideas.
Canadian Couch Potato had a 2 part interview with Wealthsimple on a new type of financial advisor. Here’s part 1 and part 2 of the interview. I think it’s very neat to see more competitive financial services in Canada. That’s great for us Canadians!
Mr. Money Mustache wrote about Credit Card Churning. It’s neat to see this topic all over the PF blogosphere. I definitely want to spend more time learning about credit card churning and travel hacks.
Jason at Dividend Manstra wrote about Creating Your Own Miniature Berkshire Hathaway and I really enjoyed the article. I think the same ways as Jason, our dividend portfolio is like our miniature Berkshire Hathaway.
Have a great weekend everyone!