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.
From Around The Blogosphere
Jonathan Chevreau linked to my last post which listed some resources for finding fee-only financial advisors in Canada. Jonathan discusses the difference between “fee-based” and “fee-only” – I’m sure there is a lot of confusion within the investing public on this distinction – and a very important distinction it is.
Michael James on Money has a fantastic post which looks at the concept of emotional accounting and investing. This is a must read.
Canadian Capitalist explains the newly proposed HRTC (Home Renovation Tax Credit).
Million Dollar Journey has a post about the various ways a couple can manage their household spending. Some systems work better than others, but the important thing is to find a system that works for each person involved. Some people are happy to take a back seat, while others may resent it.
This Week’s Racing Video
I pulled out another repeat video this week, simply because it’s one of my favourites. It’s starts out slowly, but the video keeps getting better and better and better as it progresses. This is another rally video, this time showcasing the passion (insanity?) of some rally fans who really are flirting with their lives doing what they are doing in this video.