A Lap Of The Blogs

If you are new to WhereDoesAllMyMoneyGo.com, every Friday I run a post called “A Lap Of The Blogs” which provides links to articles I found interesting and think that others may want to read for themselves. I also include some commentary on what’s going on in my personal life and a weekly “racing video” since my former life was in the auto-racing industry. The name “Lap of the Blogs” is in reference to “A Lap Of The Gods” which is an old video series which chronicled on-board footage of the world’s greatest F1 drivers lapping various racetracks from around the world.

There is a Lindt Chocolate Outlet store near my office so tomorrow I’m going with a friend to check it out. Apparently they have a lot of discounts and for a chocoholic this is music to my ears! I’ll write a bit about my experience next week… I remember I brought back over 20 different types of chocolates and chocolate bars on a trip to Switzerland a few years ago – ah, the memories! :)

From Around The Blogosphere

The Canadian Capitalist takes a look at a report on RESPs which highlights some interesting facts.

A lot of people talk about retiring early, but Canadian Dream: Free at 45 hosts an interview with someone who retired recently at the age of 44. Good read.

Michael James on Money isn’t a fan of pennies and normally refuses them when getting change for cash transactions. Personally I always toss them into the “take a penny, leave a penny” jar if there’s one around.

Canadian Financial DIY asserts that Pros will not automatically beat DIY investors.

Thicken My Wallet writes about the upcoming changes to income trust taxation and what it could mean for your distributions.

Million Dollar Journey has a list of celebrity chefs and how much they earn.

Four Pillars discusses that higher priced items can cost less over the long run than lower priced, and lower quality alternatives.

Ellen Roseman explains that many Canadians have walked out of a store due to lack of service. I fall into this camp as I regard customer service to be paramount if you want my money in most cases.

This Week’s Racing Video

If you ever watched Saturday morning cartoons, you know that the coyote can follow the road-runner off a cliff and just hang suspended until he reads a text book on gravity and then falls. I’ll just leave it at that and let you enjoy the video. :)

Preet Banerjee
Preet Banerjee
...is an independent consultant to the financial services industry and a personal finance commentator. You can learn more about Preet at his personal website and you can click here to follow him on Twitter.
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Showing 7 comments
  • Michael James

    Thanks for the link, Preet. The video reminds me of my former employer’s stock price during and after the hi-tech boom. We used to call our CEO the “hundred-million dollar man” because his stock options dropped in value by $100 million on the day the bubble burst.

  • MillionDollarJourney

    Once again, very entertaining video. Any idea if that guy was alright?

    Thanks for the link and enjoy the weekend!

  • Canadian Capitalistc

    Thanks for the link. Can’t believe summer is over already!

  • Preet

    @Michael James – Ouch!
    @MDJ – Looked pretty harmless all things considered, my guess is just the pride took a beating. That might sound inconsiderate, but it was a slow gentle tumble and there didn’t seem to be any extreme G’s (like with hitting a wall or getting t-boned).
    @CC – Yes, hopefully we will have a nice, long dry fall to make up for all the rain!

  • CanadianInvestor

    Hi Preet, thanks for the link and enjoyed reading the other blogs you linked to.

  • Ankit

    Listened to the conference call, what an eciitxng time for everyone. All listening to the call can take responsibility and control of their future. It will only work if you actively participate in your own rescue. I have a home based business that is thriving, and using similar strategies. People first, is the key to your success, when you add value to others, you’re not just peddling your product/service but genuinely interested in them. Zig Ziglar a mentor made this comment, when you help more people get what they want, you will eventually get what you want . Be blessed and have a great day!

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