Financial Advice that is Popular And Wrong

Financial Advice that is Popular And WrongSome financial advice is so oft-repeated that everyone takes it for granted: You shouldn’t bring debt into retirement. Debit cards are safer than credit cards. Older folks should invest more conservatively. As they used to say on Seinfeld, yadda yadda yadda. The problem is, a lot of that is bad advice. At best it fit a bygone era; at worst it was never right and is dangerous. Here is a…

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Worst Money Mistakes

Worst Money MistakesJust imagine if you could take back all the stupid money mistakes you made during your lifetime. Well for me at least most of these were made during my 20?s. Two of them were referrals by someone I knew and I didn’t want anything to do with them initially, but I guess their sales pitch was good enough that I fell for their lies. I love personal finance and I…

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Best of: Worst Financial Advice Ever

Best of: Worst Financial Advice EverThe N.C.F.B.A. met on Monday night (OK we sat and watched Preet eat dinner), and as usual the discussions and commentaries were entertaining, enlightening and fun (for me at least), and one of the topics that came up was about Advice and what people do with the advice you might give them (Michael James has in fact written an excellent post on how Investment Advice Usually Reaches the Wrong People)….

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Moving to Canada? Financial Advice

Moving to Canada? Financial AdviceNew immigrants from India need to make important financial decisions in order to help them get settled and start building their new life in Canada. Tips are available on: opening a bank account in Canada before they move; the transfer of money from one country to another; building a credit history; buying a car or home; saving for their childrens education; and starting a business.

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