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
Jon Chevreau notes that seniors have until April 14th to make contributions to their RRIF accounts (yes you read that right!). Read the article to understand why we have this exception this year…
Mark Wolfinger echoes my opinion that advisors need to learn more about the responsible application and utility of options.
Thicken My Wallet looks at the fine line between legal and illegal multi-level marketing (MLM) structures.
Canadian Capitalist discusses if the decision between Variable Rate Mortgages versus Fixed Rate Mortgages needs to be re-thought, given the low interest rates and other factors.
Peter Parker on Money is not impressed with the potential $4,000,000 prize he may have won.
Million Dollar Journey has some great advice for when incomes start rising again: bank the increases.
Larry MacDonald notes that the iShares business has been sold by Barclays. It’s been in the works for a while, but what I found more interesting was the withdrawal from the IIROC (Investment Industry Regulatory Organization of Canada).
Big Cajun Man notes that the unemployment rate now stands at 8.0% in Canada after a rapid increase of late.
This Week’s Racing Video
A longer one this week at about 10 minutes. This is an appearance on a very popular British TV show by Lewis Hamilton (a Formula 1 driver). One of the features of these interviews is that they get the guests to drive a very pedestrian car around their local test track. Fast forward to the 6:00 minute mark to cut to the chase. This kid can drive alright.