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 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…
Thanks to everyone who contacted the production company to apply for the pilot of the TV show, a few people had asked about the potential for non-couples/families to apply and it looks like they will be looking at individuals if a show ends up being put to series. I was in earlier this week for some test shooting and I found out the show will be filmed in high-def. Guess I better get some wrinkle cream or something… :)
From Around The Blogosphere
Jonathan Chevreau writes: Why the insurance industry doesn’t see a need for pension reform.
Rob Carrick writes about income trusts with a future.
Ellen Roseman asks if your furnace needs to be replaced.
Canadian Capitalist explains the future cost of going to university could be over $90,000 for an undergraduate degree.
Million Dollar Journey has some tips for dealing with collection agencies.
Four Pillars notes that the money-back guarantee has become very common, and there could be too many loopholes. He suggests a workaround…
Michael James on Money why investing is different than many other endeavours.
Big Cajun Man has a great post equating debt to fat. Very interesting analogy.
Thicken My Wallet asks: how effective are dividend paying stocks in a downturn?
This Week’s Racing Video
Oh, it’s a beauty. This is an onboard lap of a legendary car, the Nissan R90CK, qualifying for the 24 hours of Le Mans. What is particularly interesting is that there was a problem with the car’s turbocharger (the wastegate was stuck) which resulted in the developing more power than what was intended. In fact it is estimated that it was running at about 1,100hp – a ticking time bomb. It propelled Mark Blundell to 366km/h on the straightaways. Fast forward to 2:20 in the video to catch the start of the flying lap – it’s amazing!