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.
Another non-embellished post today – just came back from seeing the Star Trek movie (in IMAX no less!), and I need some rest tonight as I’m heading to Mosport in the morning to put in a few laps in some formula cars…
From Around The Blogosphere
Eric Lam of the Financial Post quoted me in a story on Loblaws anouncement of a DRIP plan for shareholders, although I should point out that the article incorrectly identifies me as an advisor, which I am no longer.
Larry MacDonald shows us that investing like Buffett isn’t so straightforward as you think.
Canadian Capitalist looks at CARP’s call for a Universal Pension Plan.
Michael James on Money explains the challenges of shorting stocks successfully.
Million Dollar Journey shows us the difference between Defined Benefits pension plans and Defined Contribution pension plans.
Four Pillars asks what “Frugal” means.
Big Cajun Man talks about the high cost of active kids. I hope this doesn’t stir up another debate between active and passive… :)
Mark Wolfinger explains why you might want to use options.
Last but not least, Thicken My Wallet talks about how often he checks his stock portfolio.
This Week’s Racing Video
The French apparently spend 9 hours sleeping and 2 hours eating on average per day. If that wasn’t enough, they hire people to do this: