The New Look
For the readers who visit the site often, you may have noticed that MDJ has gone through a face lift. The goal of the new design is to have the same features as the old layout, but with a cleaner feel. What do you think of the new look? Have you noticed any bugs? Any feedback would be greatly appreciated.
Another Rate Cut
The Bank of Canada has made another drastic cut to interest rates, this time, by another 0.50%! This is a great time to be a variable rate mortgage holder as more of your payment is going towards principle.
The general bias for now is that the economic downturn will last about 2 years and that there should be more rate cuts to come. Maybe we live in a bubble on the east coast of Canada, but have you noticed the "economic downturn"? I sure haven't.
The Restaurant Blogger tells us about some of the crazy benefits that restaurant managers get from the big name franchises. Looks like I'm in the wrong field!
Canadian Capitalist shows us that investing in the "Dogs of the Dow" may not be as lucrative as we might think.
Canadian Dream has an excellent article explaining the key to early retirement.
Four Pillars and WhereDoesAllMyMoneyGo gets into an analysis of RRSPs for Younger Investors.
The Financial Blogger comes up with another new theory. This one he calls "The Financial Chaos Theory".
Thicken My Wallet teams up with Canadian Mortgage Trends to bring you an article that explains an insiders view of mortgages and how they work.
Middle Class Millionaire explains how to calculate the adjusted cost base when you get Return of Capital (ROC) as a distribution. For further reading, we've written about how the calculate the adjusted cost base when making multiple purchases over a long period of time.
More weekend reading tomorrow!If you would like to read more articles like this, you can sign up for my free weekly money tips newsletter below (we will never spam you).