Personal Finance Reading – 09/10/2008

I have received a few e-mails in the past couple of weeks asking to share what I read from time to time in order to keep up with investing news and personal finance ideas.  In order to open up the financial interweb, I have decided take a page from other writers and share my most favorite financial articles.

Investing Articles

Dividends 4 Life outlines some different scenarios for investing in dividend paying stocks.  He makes some great points about dividend paying stocks and their ability to grow the dividend over time.  Investors with both short and long time horizons can benefit from reading this article.

Over at the Div-Net, The Dividend Growth Investor takes analysis of BP to a new level with charts and several financial indicators.  I view BP as a great value play that could add a much needed Energy component to my dividend portfolio.

The Div Guy takes a look at some of the Dividend ETF’s available.  I have used Dividend ETF’s in my portfolio and especially like them for exposure to International dividend stocks. If you are interested in Dividend ETF’s, you might want to have a look at my select list of Dividend ETF’s.

The Financial Post Trading Desk feels that my favorite dividend stocks, the Canadian Banks, will benefit from the US Federal Government bailout of Fannie Mae and Freddie Mac.  Although they still feel it is too early to buy Canadian bank stocks.  At historically high yields and still increasing dividends, I feel that as a long term investor Canadian banks are value priced.  I’m not a psychic, prices could indeed go lower and I’d be even happier to buy then!

Stockerblog takes a look at North Dakota stocks – Yes, there are publicly traded companies with ties to North Dakota.  And, you wouldn’t believe the oil activity in the Northwestern part of the state right now!

Free Money Finance sums up some keys to the success of Warren Buffett and adds a few links that are worthy of a read for those of you who are value investors and contrairians.

Personal Finance

Do You feel richer than your parents?  The Globe and Mail says that many Canadians feel poorer than the previous generation!  This obviously depends on various factors, but the article does hit home with those concerned about the recovery of a soft economy.
This was my favorite quote from the article:

The responses show a stark contrast to Americans. Higher-taxed Canadians would feel flush if they earned $296,000 a year, while Americans would need to earn an average salary of $440,000. The poll also showed more than one-third of Canadians don’t even know their annual take-home pay, “perhaps explaining our population’s more laid-back wealth aspirations,” the release said.

Jim at Blueprint for Financial Prosperity extols the virtues of a the contract.  His article outlines a situation where his friend entered into an agreement to purchase a home for $500,000 without a written contract agreement.  I’m pretty sure that I’d be getting something in writing if I was about to shell out half a million dollars – how about you?

The NY Times has a very cool graphic that outlines how residents of various countries spend their discretionary income.  Not surprisingly the United States spends more than others on things such as clothes, recreation, and vices.

Many families mistakingly leave the “investing” to one spouse or the other.  Morningstar asks a great question in this article.  Could your significant other handle the financial issues without you? This article is great food for thought.  Many of us think that life insurance is a great tool, but if our beneficiary has no clue how to function financially, will the insurance really do what it was meant to do?

The Street provides an article on the top traits of leaders and entrepreneurs.  Are you a leader? Find out if you have 10 Traits that make the grade!

Trent at The Simple Dollar wrote an article on the importance of reputation a while ago and I find myself drawn back to it from time to time.  It doesn’t have a lot to do with personal finance, but it seemed to make a lot of sense to me.




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