If you are new to WhereDoesAllMyMoneyGo.com, every Friday (and occasionally lagging into Saturday like today!) 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 sometimes 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. NOTE: you have to visit the actual website to see the embedded video – it may not appear in your email. Just click on the title of the email to see it…
I have to apologize for being late with this week’s Lap Of The Blogs installment – I’m currently in LA for my brother’s wedding. It’s been quite a nice trip so far. Had the opportunity to eat at a Michelin-starred restaurant which is always a gastronomical delight, and while I’m here I decided to visit one of my work’s major partners – Research Affiliates – the creators of the Fundamental Index. Their offices are located in Newport Beach and the neighbourhood is as opulent as it gets. I don’t know how they get any work done here, the weather is incredible and the beach is basically across the street! :)
From Around The Blogosphere
Jonathan Chevreau writes about Jeremy Siegel’s book, Stock for The Long Run and how some have been questioning it as of late. Do stocks outperform bonds over time in ways that investors can rely on?
Following that theme, Canadian Capitalist explains that fixed income investors are subject to emotions too – because they are subject to less volatility over the long run does that mean they are devoid of making emotional decisions about their investments altogether?
Michael James on Money then shows us that while the returns (for now) on fixed income looks high enough as espoused by some financial authors, the small differences in long term performance add up to huge differences in wealth.
Thicken My Wallet asks if heightened mutual fund regulation has caused investment product providers to flee to the ETF market, witness the explosion of ETFs from basic index trackers to niche mandates, active mandates, etc.
Four Pillars discusses how you might want to go about finding tenants for your rental properties.
Million Dollar Journey has a post about how guest writer Kathryn doesn’t offer financial advice to people when they talk about their finances (and point out glaring problems or missteps).
Big Cajun Man notes that cell phone plans are cheaper in the US than in Canada thanks to the higher competition.
This Week’s Racing Video
Another oldie but goodie. I first posted this video over a year ago so for the benefit of the newer readers I’m posting it again. This video actually won a few awards at various film festivals and it shows legendary driver Ari Vatanen taking a modified rally car up Pikes Peak at break-neck speeds, coming close to falling off the mountain as you’ll see! Enjoy!