tag:blogger.com,1999:blog-83230594078749418942024-03-12T20:28:35.749-07:00financial planning and personal sanitymohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger66125tag:blogger.com,1999:blog-8323059407874941894.post-70261602893378058212013-09-11T10:10:00.001-07:002013-09-11T10:10:15.301-07:00Ethical Funds in Action newsletter - Ethical Funds<a href="http://www.ethicalfunds.com/Pages/Stories/ethicalfunds.aspx#.UjCjzk6QwYE.blogger">Ethical Funds in Action newsletter - Ethical Funds</a><br />
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Interesting corporate engagement work being done here.mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com9tag:blogger.com,1999:blog-8323059407874941894.post-28066044581128265262013-08-12T15:59:00.001-07:002013-08-12T15:59:46.792-07:00Thou Shalt Not Covet Thy Neighbor’s Tesla | Credit.com Blog<a href="http://blog.credit.com/2013/08/thou-shalt-not-covet-thy-neighbors-tesla/#.UgloxjsFpZI.blogger">Thou Shalt Not Covet Thy Neighbor’s Tesla | Credit.com Blog</a>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com4tag:blogger.com,1999:blog-8323059407874941894.post-24157255546333238632013-05-20T08:48:00.001-07:002013-05-20T08:48:58.798-07:00Investing: Even Indexing Takes Work<a href="http://thechicagofinancialplanner.com/2013/05/16/indexing-takes-work/">Investing: Even Indexing Takes Work</a><br />
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Great article. Can't agree more that asset allocation should be the focus.mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com2tag:blogger.com,1999:blog-8323059407874941894.post-35282005496388616142013-05-16T13:47:00.001-07:002013-05-16T13:47:50.350-07:00The Psy-Fi Blog: The Cherry Coke Effect?<a href="http://www.psyfitec.com/2013/05/the-cherry-coke-effect.html?spref=bl">The Psy-Fi Blog: The Cherry Coke Effect?</a>: Hunger Games If you want a favorable decision from a judge pray that you get a hearing early in the day or straight after lunch. In...mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com2tag:blogger.com,1999:blog-8323059407874941894.post-91836087938147017572013-03-14T12:25:00.000-07:002013-03-14T12:25:48.295-07:00Business Cycle Relationship to Stock ReturnsMany investors assume that stock returns follow the business cycle. According to this view, the stock market offers a higher expected return premium in a strong economy and a lower premium in a weak economy. (The market premium refers to the return of stocks over T-bills.)<br />
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In reality, the market premium tends to run counter to the business cycle, as illustrated in this conceptual graph. The premium is a function of how investors perceive their risk exposure in equities relative to cash, or T-bills. During recessions, as company earnings fall and investors become more risk averse, stock prices adjust downward, which raises expected returns. The possibility of earning higher returns compensates investors for choosing stocks over cash. Conversely, investors will accept a lower expected return when they regard stocks as less risky relative to cash (i.e., a lower market risk premium). This typically occurs when the economy is expanding and the outlook for company earnings is strong. As more investors choose to hold stocks, market competition drives up stock prices relative to company performance, which reduces expected returns. <br />
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Investors should not attempt to time the business cycle. Economic performance is only known after the fact, while stock prices reflect the market's view of future business performance. As new information becomes public, stock prices adjust to provide equity investors an expected return that matches perceived risk.<br />
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Investors are best served by diversifying across many stocks, maintaining a long-term perspective, and applying discipline throughout the business cycle. mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com8tag:blogger.com,1999:blog-8323059407874941894.post-23315672739123128442012-12-22T07:25:00.001-08:002012-12-22T07:25:42.062-08:00Video blog: our review of 2012 - Sensible Investing<a href="http://www.sensibleinvesting.tv/ViewAll.aspx?id=5DDE9214-9638-464F-9AAC-9B14BF286221">Video blog: our review of 2012 - Sensible Investing</a><br />
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Very sensible advice for the new year.mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com4tag:blogger.com,1999:blog-8323059407874941894.post-44386582788912157462012-12-17T17:47:00.001-08:002012-12-17T17:47:52.430-08:0010 Reasons Brokers Don’t Like Index Funds - Paul Merriman<a href="http://paulmerriman.com/10-reasons-brokers-dont-like-index-funds/#.UM_LNLwuSlU.blogger">10 Reasons Brokers Don’t Like Index Funds - Paul Merriman</a>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com7tag:blogger.com,1999:blog-8323059407874941894.post-50604332416532978732012-11-05T16:08:00.001-08:002012-11-05T16:08:32.278-08:00The outperformance myth - Sensible Investing<a href="http://www.sensibleinvesting.tv/ViewAll.aspx?id=566C2B1B-DEBA-4F6E-BDC8-9BD066F071B3#.UJhU3AFubRQ.blogger">The outperformance myth - Sensible Investing</a><br />
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Must watch for any investor.mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com2tag:blogger.com,1999:blog-8323059407874941894.post-48389052738286679032011-09-26T09:00:00.000-07:002011-09-26T09:00:50.478-07:00The Psy-Fi Blog: Blood on the Street<a href="http://www.psyfitec.com/2011/09/blood-on-street.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+ThePsy-fiBlog+%28The+Psy-Fi+Blog%29">The Psy-Fi Blog: Blood on the Street</a><br /><br />Excellent analysis of the factors at play in current market volatilitymohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com4tag:blogger.com,1999:blog-8323059407874941894.post-69143949552237342072011-06-14T11:02:00.000-07:002011-06-14T11:02:07.505-07:00Up to Their EyeballsCanadians are slowly waking up to the fact that putting the brakes on spending is not enough to battle household debt.<br />
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According to the latest debt report from the Certified General Accountants Association of Canada (CGA-Canada), Canadian families are faced with household debt that’s reached a record high.<br />
“The debt of a typical household is rising,” says Rock Lefebvre, CGA-Canada’s vice-president of research and standards and co-author of the report. “And the financial situation of certain groups of households is much worse than average and continues to deteriorate. This is concealed if you focus only on the national or aggregate picture.”<br />
The report illustrates that while consumer spending may be down in the first quarter of 2011, many Canadians continue to struggle with household debt that has reached a new all-time high of $1.5 trillion. The situation has hit those already feeling the pinch of lower or stagnant incomes, or personal circumstances, even harder.<br />
The survey-based report reveals several alarming trends, as single-parent families, retired Canadians, and those with annual household income of less than $50,000 face a bleak financial situation.<br />
“The report confirms that more than half of indebted Canadians are borrowing just to afford day-to-day living expenses like food, housing and transportation,” adds Anthony Ariganello, president and CEO of CGA-Canada “For these individuals, there is little hope for improved financial condition.”<br />
Some of the key findings of the report show more Canadians are carrying debt into retirement, with one-third of retired households carrying an average debt of $60,000 and 17% carrying $100,000 or more. More than half of indebted respondents (57%) singled out daily living expenses as the main cause for their increasing debt. The single-parent family is the only category where debt increases with age.<br />
If household debt was spread evenly across all Canadians, a family with two children would owe an estimated $176, 461.<br />
Lefebvre says that a number of measures taken by the government to address some identified shortcomings have not helped improve household balance sheets.<br />
“It’s important that the dynamics of household indebtedness remain high on the radar of policy-makers,” said Lefebvre, “particularly when it comes to policies and incentives that encourage Canadians to improve their finances.”<br />
With the Bank of Canada likely to delay rate hikes, an effective deterrent to debt can be discounted. At a time when household debt has reached a record high, low interest rates could prove somewhat counterproductive as they may tempt more Canadians to take on debt.<br />
Canadians can expect borrowing costs to remain near record lows for the rest of the year, according to the quarterly economic forecast issued today by TD Economics. <br />
“That’s because the pace of the economic recovery is expected to slow sharply in Canada, the United States and much of the world,” said the report, credited to Craig Alexander, chief economist, TD Economics.<br />
As a result, the Bank of Canada will likely refrain from raising its key interest rates until 2012. This will make it easier for Canadians to continue borrowing, burying themselves deeper in hock which will take years to clear.<br />
Debt is partly contributing to a slowdown in Canadian growth as households are too overstretched to further stimulate the economy, thus creating something of a vicious cycle that many global economies are struggling to break.<br />
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Filed by Vikram Barhat, editor@Advisor.ca Originally published on Advisor.camohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com8tag:blogger.com,1999:blog-8323059407874941894.post-15403483325535071552011-04-20T14:28:00.000-07:002011-04-20T14:31:48.203-07:00One-third of Canadians can't afford basic expenses: survey<a href="http://www.montrealgazette.com/business/third+Canadians+afford+basic+expenses+survey/4649691/story.html"><span><iframe align="left" frameborder="0" marginheight="0" marginwidth="0" scrolling="no" src="http://rcm.amazon.com/e/cm?t=emejlholm&o=1&p=8&l=bpl&asins=0767931327&fc1=000000&IS2=1&lt1=_blank&m=amazon&lc1=0000FF&bc1=000000&bg1=FFFFFF&f=ifr" style="align: left; height: 245px; padding-right: 10px; padding-top: 5px; width: 131px;"></iframe></span>One-third of Canadians can't afford basic expenses: survey</a><br />
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The findings presented in this article are not a surprise but they are concerning.<br />
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Most people could probably stand to learn a few lessons from the book linked at the left - The Cheapskate Next Door. mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com8tag:blogger.com,1999:blog-8323059407874941894.post-35670961011703743952010-12-08T08:52:00.000-08:002010-12-08T08:52:52.081-08:00This is your brain undergoing cognitive dissonance<a href="http://arstechnica.com/science/news/2010/12/this-is-your-brain-undergoing-cognitive-dissonance.ars">This is your brain undergoing cognitive dissonance</a>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com4tag:blogger.com,1999:blog-8323059407874941894.post-68094730087397100352010-11-22T12:12:00.000-08:002010-11-22T12:13:25.521-08:00Factors in Equity Investing<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEikK0pPUY1Ir0N2_gjHH1qrSSHgZ0sQqIqgUurq888Rk8UB0oE9Sr-T2YyBRTi4HavzTFjadptYrUFQWMupi6dSYgHKOBAuSkTxaYLVE56Bcm4KVXjW_rko-i3-sXIhlJuG8AAWpESe3g/s1600/ca_dimensions_size_value_usca.png"><img id="BLOGGER_PHOTO_ID_5542469683712250594" style="WIDTH: 400px; CURSOR: hand; HEIGHT: 292px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEikK0pPUY1Ir0N2_gjHH1qrSSHgZ0sQqIqgUurq888Rk8UB0oE9Sr-T2YyBRTi4HavzTFjadptYrUFQWMupi6dSYgHKOBAuSkTxaYLVE56Bcm4KVXjW_rko-i3-sXIhlJuG8AAWpESe3g/s400/ca_dimensions_size_value_usca.png" border="0" /></a><br /><div></div>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com2tag:blogger.com,1999:blog-8323059407874941894.post-25341796656304460812010-10-19T10:18:00.000-07:002010-10-19T10:18:23.645-07:00The Psy-Fi Blog: The Language of Lucre<a href="http://www.psyfitec.com/2010/10/language-of-lucre.html#more">The Psy-Fi Blog: The Language of Lucre</a>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com4tag:blogger.com,1999:blog-8323059407874941894.post-16888696618752272832010-07-30T10:47:00.000-07:002010-07-30T10:50:23.347-07:00Retirement taking a backseat to present: BMO<a href="http://www.advisor.ca/advisors/news/industrynews/article.jsp?content=20100729_154233_6768">Why are Canadians dragging their feet when it comes to retirement planning?<br /></a><br />BMO says the answer can be found inside their minds. Using behavioural finance research, the bank believes it has uncovered clues as to why Canadians are procrastinating the way they are.<br />A report from BMO Retirement entitled Retirement Planning: Can I Get Back To You On That? and based on a survey conducted by The Strategic Counsel reveals that Canadians are more mindful of their present financial circumstances rather than their future.<br /><br />The concepts of "immediate gratification" and "paralysis of choice" have severely affected retirement planning in Canada.<br /><br />Delving into the psychology behind the competing priorities, the report states that although 82% of respondents understood that saving early for retirement is important, more than 81% are more concerned with their present needs than their retirement.<br /><br />Canadians are also overwhelmed with too much information and too many options involving retirement planning. This has resulted in frustration and paralysis when action is required.<br />Thirty-six percent of non-retirees said they are overwhelmed by too much information and this has been an obstacle to them moving forward with retirement saving plans.<br /><br />"While it's often hard to act against our natural instincts, it's critically important that Canadians take an active role in planning for their future and start as early as possible," says Tina Di Vito, Head, BMO Retirement Institute. "Understanding the psychological barriers to effective retirement saving is the first step to overcoming them."<br /><br />The report also points to other contributing factors that are delaying many retirement plans. Those who have children under the age of 18 are unlikely to see saving for retirement as an immediate priority, as post-secondary education may take precedence. It is also difficult for those with a heavy debt burden to focus on retirement. Lower income respondents are overwhelmed by the volume of information available.<br /><p>For those who are interested in saving for their retirement, BMO suggests the following steps:<br />Save early</p><ul><li>Create a budget </li><li>Set financial goals and monitor your progress </li><li>Sign up for your company's pension plan</li><li>Make full use of tax-favoured investment vehicles</li><li>Set up an automatic savings program</li><li>Seek out financial help</li></ul>The report was based on a poll of 2,034 Canadians, 35 years of age or older and was conducted using The Strategic Counsel's web panel between May 26 and June 2, 2010.<br />(07/29/10)<br /><br />Filed by John Powell, <a href="mailto:john.powell@advisor.rogers.com">john.powell@advisor.rogers.com</a><br />Originally published on Advisor.camohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com10tag:blogger.com,1999:blog-8323059407874941894.post-16085078061575034562010-07-06T16:19:00.000-07:002010-07-06T16:19:19.831-07:00dshort.com: Secular Bull and Bear Markets<a href="http://dshort.com/articles/SP-Composite-secular-bull-bear-markets.html">dshort.com: Secular Bull and Bear Markets</a>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com3tag:blogger.com,1999:blog-8323059407874941894.post-18322269990302744562010-06-09T15:08:00.000-07:002010-06-09T15:10:00.852-07:00Fewer than half of Canadians planning for retirement: pollFrom the <a href="http://www.torontosun.com/money/2010/06/09/14325631.html">Toronto Sun:</a><br /><br /><em>Fewer than half of Canadians approaching retirement age have an income strategy in place, and two thirds haven’t considered the possibility that they could outlive their savings, according to a report by the BMO Retirement Institute.</em><br /><br /><em>Only 48% of those polled are planning to, or already have, discussed retirement incomes and how to structure their investments, it said. While the majority believe that unpredictable factors, such as inflation or medical expenses, may affect their financial stability, only 48% have planned for such contingencies, it said.</em><br /><br /><em>“As Canada’s boomers draw closer to their retirement years, having a strategy to manage investment income throughout retirement should be a top priority,” said Tina Di Vito, head of BMO Retirement Institute. “Financial resources available through programs such as the Canada Pension Plan and other pension schemes likely won’t be enough to support the average retirement lifespan.”</em><br /><br /><em>Nearly all baby boomers will be eligible for retirement within the next 20 years, and concern is mounting that their savings will not cover basic living expenses. To tackle the problem, the government is carrying out a series of consultations on how to reform the country’s pension system.</em><br /><br /><em>BMO urges those in the 55 to 65 age group to take a close look at their investments to ensure they will provide enough income to support their desired lifestyle.</em><br /><br /><em>The survey of 1,542 adults between April 12 and 15 was carried out by Leger Marketing.</em>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com9tag:blogger.com,1999:blog-8323059407874941894.post-55853244104696546002010-04-28T22:12:00.000-07:002010-04-28T22:12:45.711-07:00NBR | Extended Interview: Terrance Odean | Your Mind and Your Money | PBS<object style="background-image:url(http://i1.ytimg.com/vi/0UDA8O6pm98/hqdefault.jpg)" width="480" height="295"><param name="movie" value="http://www.youtube.com/v/0UDA8O6pm98&hl=en_US&fs=1"><param name="allowFullScreen" value="true"><param name="allowscriptaccess" value="always"><embed src="http://www.youtube.com/v/0UDA8O6pm98&hl=en_US&fs=1" width="480" height="295" allowscriptaccess="never" allowfullscreen="true" wmode="transparent" type="application/x-shockwave-flash"></embed></object>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com2tag:blogger.com,1999:blog-8323059407874941894.post-33821025046187889542010-04-19T11:58:00.001-07:002010-04-19T11:58:48.073-07:00Too Much Debthttp://www.theglobeandmail.com/globe-investor/personal-finance/building-blocks/common-mistake-too-much-real-estate-debt/article1405417/mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com1tag:blogger.com,1999:blog-8323059407874941894.post-53857312297311336352010-01-30T08:46:00.000-08:002010-01-30T08:47:24.183-08:00Not Good<span class="Apple-style-span" style="font-family: Arial, sans-serif; font-size: 12px; "><div id="storyhead" style="margin-top: 10px; margin-right: 10px; margin-bottom: 10px; margin-left: 10px; padding-top: 5px; padding-right: 0px; padding-bottom: 10px; padding-left: 0px; "><h1 class="headline" style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; font-family: Arial, sans-serif; font-size: 33px; line-height: 39px; ">2000s were 'decade of debt': report</h1><h4 class="lastupdated clearfix" style="zoom: 1; margin-top: 5px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; font-family: Arial, sans-serif; color: rgb(128, 128, 128); font-weight: normal; font-size: 10px; line-height: 15px; "><em style="font-style: normal; ">Last Updated: Friday, January 29, 2010 | 4:19 PM ET </em><span id="socialhead" class=" d-inline" style="display: none; color: rgb(123, 4, 21); font: normal normal normal 11px/normal Arial, sans-serif; padding-left: 10px; "><a href="http://www.cbc.ca/consumer/story/2010/01/29/consumer-vanier-report.html?ref=rss#socialcomments" style="margin-right: 10px; color: rgb(123, 4, 21); font: normal normal normal 11px/normal Arial, sans-serif; text-decoration: none; ">Comments<em class="cmt" style="margin-left: 5px; font-style: normal; background-image: url(http://www.cbc.ca/includes/objects/pluck/gfx/icons-7b0415.gif); background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; padding-top: 2px; padding-right: 0px; padding-bottom: 2px; padding-left: 20px; background-position: 0% -136px; background-repeat: no-repeat no-repeat; ">79</em></a><a href="http://www.cbc.ca/consumer/story/2010/01/29/consumer-vanier-report.html?ref=rss#" title="Recommend this story" onclick="CBC.APP.PLUCK.Article.recommend(this,'2000347123');return false;" style="margin-right: 10px; color: rgb(123, 4, 21); font: normal normal normal 11px/normal Arial, sans-serif; text-decoration: none; ">Recommend<em class="rec" style="margin-left: 5px; font-style: normal; background-image: url(http://www.cbc.ca/includes/objects/pluck/gfx/icons-7b0415.gif); background-attachment: initial; background-origin: initial; background-clip: initial; background-color: initial; padding-top: 2px; padding-right: 0px; padding-bottom: 2px; padding-left: 16px; background-position: 0% -157px; background-repeat: no-repeat no-repeat; ">37</em></a></span></h4><h5 class="byline" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; font-family: Arial, sans-serif; color: rgb(128, 128, 128); font-weight: normal; font-size: 10px; "><a href="http://www.cbc.ca/news/credit.html">CBC News</a></h5></div><div id="storybody" style="color: rgb(51, 51, 51); font-size: 11px; padding-top: 5px; padding-right: 5px; padding-bottom: 5px; padding-left: 5px; margin-top: 0px; margin-right: 5px; margin-bottom: 0px; margin-left: 5px; background-color: rgb(255, 255, 255); overflow-x: hidden; overflow-y: hidden; line-height: 1.35em; "><span class="photo left" style="font-size: 0.8em; text-align: left; line-height: 1.2em; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; clear: both; color: rgb(102, 102, 102); overflow-x: hidden; overflow-y: hidden; margin-top: 5px; margin-right: 15px; margin-bottom: 15px; margin-left: 0px; float: left; width: 308px; "><img src="http://www.cbc.ca/gfx/images/news/topstories/2010/01/29/iStock_credit%20cards.jpg" alt="The Vanier Institute of the Family says the 2000s should be called the 'decade of debt.'" style="border-top-style: solid; border-right-style: solid; border-bottom-style: solid; border-left-style: solid; border-width: initial; border-color: initial; border-top-color: rgb(102, 102, 102); border-right-color: rgb(102, 102, 102); border-bottom-color: rgb(102, 102, 102); border-left-color: rgb(102, 102, 102); border-top-width: 1px; border-right-width: 1px; border-bottom-width: 1px; border-left-width: 1px; display: block; margin-bottom: 4px; " /><em style="font-style: normal; ">The Vanier Institute of the Family says the 2000s should be called the 'decade of debt.'</em> <em class="credit" style="font-style: normal; margin-top: 1px; ">(iStockphoto)</em></span><p style="margin-top: 0px; ">Canadian household savings collapsed in the 1990s and debt levels rose to record highs in the 2000s, according to a preliminary report by the Vanier Institute of the Family.</p><p style="margin-top: 0px; ">"For many families in Canada, the first decade of the 21st century brought unprecedented opportunity: these years witnessed continuous labour market growth, moderate rises in average household income, and a substantial upward shift in household savings rates," said the report.</p><p style="margin-top: 0px; ">"This decade, however, also brought with it never before seen growth in household debt. The 2000s can be labelled the decade of debt. In this same vein, the 1990s can probably be labelled the decade of the collapse of savings <em>a</em>s annual savings plummeted by two-thirds between 1990 and 2000."</p><p style="margin-top: 0px; ">The institute looked at Statstics Canada figures for spending and savings rates, as well as increases in incomes and household debt levels.</p><p style="margin-top: 0px; ">They found that household income barely budged in the 1990s, moving up by just one per cent, compared to a 10 per cent rise between 2000 and 2009.</p><p style="margin-top: 0px; ">Yet, when it came to spending, both decades saw an increase in 10 per cent.</p><p style="margin-top: 0px; ">How families paid for that extra spending was partly explained by rising debt levels and falling savings.</p><p style="margin-top: 0px; ">"In the 1990s, this increase was financed by both rising debt and a sharp decline in annual savings. In the 2000s, the 10 per cent rise in spending was financed by rising incomes and soaring debt," according to the report.</p><p style="margin-top: 0px; ">Household debt rose by 22 per cent in the 1990s and by 45 per cent in the 2000s.</p><p style="margin-top: 0px; ">During that same period, the savings rate in the 1990s fell by 64 per cent, but rebounded and grew by 14 per cent in the 2000s.</p><p style="margin-top: 0px; ">The Vanier Institute will release a more detailed look at current trends in family and household finances next month.</p></div><br /><br /><span>Read more: <a href="http://www.cbc.ca/consumer/story/2010/01/29/consumer-vanier-report.html?ref=rss#ixzz0e7C4UYdd">http://www.cbc.ca/consumer/story/2010/01/29/consumer-vanier-report.html?ref=rss#ixzz0e7C4UYdd</a></span></span>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com2tag:blogger.com,1999:blog-8323059407874941894.post-78860608664694190732010-01-13T13:10:00.000-08:002010-01-13T13:10:59.696-08:00The Psy-Fi Blog: Adam Smith’s Monkey BusinessA truly excellent post coming from one who has read Adam Smith and synthesized the contents appropriately.<br /><br /><a href="http://www.psyfitec.com/2010/01/adam-smiths-monkey-business.html">The Psy-Fi Blog: Adam Smith’s Monkey Business</a>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com0tag:blogger.com,1999:blog-8323059407874941894.post-51132835400321502812010-01-05T19:27:00.000-08:002010-01-05T19:27:57.600-08:00Baby boomers financially burdened by aging parents, adult kids<a href="http://www.vancouversun.com/business/Baby+boomers+financially+burdened+aging+parents+adult+kids/2407511/story.html">Baby boomers financially burdened by aging parents, adult kids</a>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com0tag:blogger.com,1999:blog-8323059407874941894.post-42427892644292305982009-12-16T15:48:00.000-08:002009-12-16T15:48:00.897-08:00Extended Interview with Ben Bernanke<a href="http://www.time.com/time/specials/packages/article/0,28804,1946375_1948023_1947253,00.html">Extended Interview</a><br /><br />I wouldn't want Ben to manage my personal finances.mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com2tag:blogger.com,1999:blog-8323059407874941894.post-21537886731624792992009-12-16T14:54:00.000-08:002009-12-16T14:54:56.053-08:00The Psy-Fi Blog: A Sideways Look At … Retirement<a href="http://www.psyfitec.com/2009/10/sideways-look-at-retirement.html">The Psy-Fi Blog: A Sideways Look At … Retirement</a>mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com0tag:blogger.com,1999:blog-8323059407874941894.post-34211228591245421992009-10-22T15:38:00.000-07:002009-10-22T15:42:37.690-07:00PE10 - S&P 500 1871 to Present - dshort.com<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1kr4sA2QcVDMfkSoZfntAlUl_H8ZBMUa8IZSprPpZ5urISJfGJfIQ8HBxAcZ66krYJHNjFTmFIoqFLGW41NfOhBjuvuUZC4RP5tbanZ8GOgIafpvPbpFkGIoVLpuAZXZ0Q9LB8gTA-g/s1600-h/SP-and-PE10-large.gif"><img id="BLOGGER_PHOTO_ID_5395558331922702946" style="WIDTH: 400px; CURSOR: hand; HEIGHT: 290px" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1kr4sA2QcVDMfkSoZfntAlUl_H8ZBMUa8IZSprPpZ5urISJfGJfIQ8HBxAcZ66krYJHNjFTmFIoqFLGW41NfOhBjuvuUZC4RP5tbanZ8GOgIafpvPbpFkGIoVLpuAZXZ0Q9LB8gTA-g/s400/SP-and-PE10-large.gif" border="0" /></a><br /><br />The stock market sure isn't cheap when looking at earnings.<br /><br />This chart is compliments of dshort.com.mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.com4