There has been some notable financial news lately (this type of news is regularly shared with my twitter followers).

  • First, later today Alibaba (BABA) will IPO at a price of $68 per share, helping the company raise around $22 billion (the largest IPO in history). This will give the company a market cap of around $168 billion.
  • Second, Costco has announced that MasterCard will replace Amex in their stores starting January 1, 2015. Need some MasterCard ideas? Here is my list of no annual fee cash back cards for 2014.
  • Third, both WestJet and Air Canada will now charge $25 for the first checked bag on both domestic and international flights.  Not great for consumers, but investors should be happy!

For those wondering how to decide between saving to retire early and convincing oneself to spend money on home renovations, Canadian Dream arrives in time by comparing Home Renos Vs Early Retirement.

Free may not be free as Canadian Personal Finance Blog finds out: Free is a Good Price (but still can be expensive).

Michael James on Money provides a comparison post by discussing about Embedded Commissions: Mutual Funds vs. Cars.

Thinking whether the time is right to invest? Waiting to time the market? Boomer and Echo helps by asking When Is The Best Time To Invest?.

The Retire Happy blog discusses about CPP adjustments through 3 adjustments made to CPP after it’s in pay?

Although we wish that no one would have credit issues, the reality is likely to continue to be different. For those caught in the debt spiral, Canadian Finance Blog offers 7 Reasons Why You Need Credit Repair.

Balance Junkie explains What You Need To Know About Online Trading Platforms to get you started on the investment path.

Being on a budget does not have to mean being stingy; Financial Highway provides 10 Great Ways to Be Generous on a Budget.

Sustainable Personal Finance addresses a travel-related topic:If You Are Outside the Country, are you Still Covered by Life Insurance?.

Young and Thrifty writes about 5 Easy Wins to Begin Your Personal Finance Journey.


  1. Michael James on September 19, 2014 at 11:24 am

    I had some fun with the post about commissions on cars and mutual funds. I can picture guys running from car to car during the night siphoning off some gas from each. Thanks for the mention.

  2. Josh on September 19, 2014 at 2:07 pm

    Does Costco count as a grocery (or gas) merchant, thus counting for rewards from credit cards in those categories?

    • FrugalTrader on September 19, 2014 at 2:55 pm

      @ Josh, to my knowledge, Costco purchases do not count towards groceries. However, if you get gas at their gas station, it will count as a gas purchase.

  3. Tawcan on September 19, 2014 at 3:26 pm

    I love that Costco will allow MasterCard starting next year. That means I’ll be able to use my Capital One Aspire card to get more points toward travel rewards. Excellent!

  4. Big Cajun Man on September 19, 2014 at 5:36 pm

    Yes, it is quite nice to have a free Equifax service, unfortunately I had to have all my details divulged to nasty folks to do it… joy.

    Thanks for the inclusion

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