Financial Highway — A personal finance blog discussing investments, savings, insurance and financial planning ideas to grow wealth

Weekly Round Up-Stock Myths, Valentines, Con Artist and More

by Ray on February 5, 2010 · 2 comments

Where to stash your RRSP dollars Globe and Mail
Hard Times Can Bring Out Con Artists WSJ
Valentine’s Day War of the Roses Smart Money
Six Common Myths about Stock Market Returns Million Dollar Journey
What happens when a broker goes bankrupt? Canadian Capitalist
Reducing Your Spending While Intoxicated Canadian Finance Blog
What Won’t You Spend On? Gail Vaz-Oxlade
Personal Finance Equations [...]

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Finding the Best Discount Broker for RRSP

by Ray

The RRSP deadline is getting closer and investors are rushing out to make their 2009contributions in time. With so many discount brokers out there, how do you know which discount broker is best for you? You can see our comparison of Discount Broker for RRSP and TFSA if you want a quick overview of your [...]

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Investing Lessons from Poker

by Ray

Every other week my friends and I have a poker night. Last week, after a friend of mine cleaned us up, he said, “Poker is a lot like investing, you have to be very patient.” Immediately we started discussing how playing poker and investing is similar and what you lessons you can learn from playing [...]

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Best of Money Carnival #36

by Ray

Welcome to Financial Highway! If this is your first time in here look around the blog and subscribe to FH, you can start by learning a little about me.
Take a moment and subscribe to our blog via RSS or EMAIL for FREE. If you are not already following us, I hope you will @moneyhighway
This week [...]

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Weekly Round Up- Myths, Infidelity, Bear or Bull and more

by Ray

Common Myths about Stock Market Risk by Million Dollar Journey
Are You a Bear or a Bull? Or a BeaBu? by BeaBu
Lending Club Risks and Costs by The Oblivious Investor
RRSPs: Taking Money Out by Balance Junkie
DIY investors: Watch out for fees that bite by Robe Carrick @ Globe & Mail
Control Your Spending With A Budget by [...]

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Frugal Valentines Day Gift Ideas

by Ray

Yup, it’s that time of the year again. Malls will be filled with flowers, heart-shaped candles and candies…love is in the air! If you have been with the same person for a few years, you are probably finding it hard to come up with some creative and romantic ideas without blowing up your budget. Every [...]

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Book Review: Stop Acting Rich

by Ray

Stop Acting Rich

While at a wedding a few weeks ago I noticed a family member park beside us in his new Porsche Cayenne, on our way my sister said “I hope one day I’ll be as rich as John is, he is loaded!” I started to laugh and asked her how she knows that, [...]

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Myth Busters: Myths About Frugality

by Ray

Over the last few years frugality has become increasingly more popular. It’s almost a fashion statement now; everyone wants to be frugal or at least claims to be frugal. Nevertheless, there still seems to be some myths and connotations revolving frugality. Some believe frugal means cheap while others believe it is hard to live a [...]

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RRSP Deadline – Limits & Options

by Ray

The RRSP season has begun! Every bank, every branch and every teller will remind you to contribute to your RRSP before the deadline [RRSP deadline for tax year 2009 is March 1st, 2010 and your contribution limit is the lower of 18% of your earned income or $21,000]. If you have a financial advisor, they [...]

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7 Money Lessons From Monopoly

by Ray

Monopoly is by far the best board game available; well, at least it is for me. Monopoly is not just a game, it can teach you important life long lessons regarding money. Over the years of playing I have learned a few valuable lessons from the game – here are some of them.

Monopoly

1 Cash is [...]

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53+ Make Bad Financial Decisions

by Ray

A common believe is that as one gets older they get wiser and make better decisions, however this does not seem to hold true for financial decisions of those past the age of fifty-three. Young people are often known for making bad financial decisions such as excessive borrowing, spending tremendous amount of money on cars, [...]

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