As promised, The Weekly International is back – cocked and loaded with some great reads from around the personal finance blogosphere. WAIT! Before you leave, I promise it’s not a wall of text this time! Ha! I’m on vacation this whole week so it’s a lot slimmer than the inaugural roundup from last week. Why should you bother to read more? There’s a chance to win $10,000 for free. Yeah, I knew that would tempt you!
Welcome to the first Kapitalust Net Worth Update. I probably should have been doing this right from the beginning in July 2013 when I started this blog. But I haven’t. However, like the old Chinese proverb goes “the best time to plant an oak tree was 20 years ago; the second best time is now.” This monthly update will keep me accountable to both me and you – it’ll show the progress that is being made from a typically average married Canadian couple on their way to financial freedom and independence. Without further adieu, the net worth revelation.
Have you ever been going about your day and then suddenly, get hit with a revelation on The Efficient Market Hypothesis? You know, have you ever been agonized suddenly with the thought “are markets efficient?” You haven’t!? What a surprise. Well, you’re in luck. It just so happened to me and now you’ll have to sit through my pontification of the Kapitalust Interpretation of The Efficient Market in 4 Simple Graphs. What a mouthful. I bet it’s going to be fun.
The weekly roundup is back! I’ve revamped my weekly roundup and it’s back in full force. It used to be called The Trawl but this new name is much more badass. This week on The Weekly International, not only will I be sharing with you some of the best reads from around the personal finance blogosphere, I’ll also be revealing the winner of the inaugural Money Book Giveaway. So you want to be sure to check this out – you might be a winner!
Long ago, I wrote about why the typical mutual fund is hazardous to your financial health. I tallied up management expense ratios and created hypothetical investments and the costs of these expenses and fees. The graphs showed very vividly the dangers associated with paying the typical fees and expenses associated with most mutual funds. In case that post didn’t make it clear enough on why you should avoid being ignorant about your investments, I’ve searched far and wide, high and low, to find the last thing you will ever need to read on about the problem with mutual funds and investment fees. Are you ready?
Yesterday was like any other day at work: droning away amidst tedious tasks. Often times, I let my mind float and wander while I conduct mindless work. It’s relaxing and takes my mind off the fact I am utterly bored out of my mind. But yesterday, while my mind was floating down a road of emptiness, a sudden revelation appeared and crashed into me with the force of a semi-truck. It’s my story of shame and resentment.
Over the weekend, I posted my Top 20 Must Read Money Books. Rather than leaving it as a passive post, I want to make this a more active call to action. Therefore, I will be giving away some of my favourite books from this list for free every month starting today. Yes, you read that right: FREE. The Money Book Giveaway First Edition. Check out the details.