{"id":297,"date":"2015-05-01T09:40:31","date_gmt":"2015-05-01T16:40:31","guid":{"rendered":"https:\/\/chaltenadvisors.com\/blog\/?p=297"},"modified":"2016-08-01T06:34:43","modified_gmt":"2016-08-01T13:34:43","slug":"what-makes-you-itch-weekend-reading-worth-jumping-into-5","status":"publish","type":"post","link":"https:\/\/chaltenadvisors.ca\/blog\/what-makes-you-itch-weekend-reading-worth-jumping-into-5\/","title":{"rendered":"What makes you itch?  Weekend reading worth jumping into."},"content":{"rendered":"<p><em>\u201cThe investor\u2019s chief problem, and even his worst enemy, is likely to be himself.\u201d \u2013 Benjamin Graham, 1949, The Intelligent Investor<\/em><\/p>\n<p><em>We either make ourselves miserable, or we make ourselves happy. The amount of work is the same. -Carlos Castaneda<\/em><\/p>\n<p><em>\u201cDogs have owners, cats have staff. Are you a dog or a cat?\u201d \u2013\u00a0Unknown<\/em><\/p>\n<p><a href=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/03\/Go-for-it.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-223 size-full\" src=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/03\/Go-for-it.jpg\" alt=\"Go for it\" width=\"500\" height=\"667\" srcset=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/03\/Go-for-it.jpg 500w, https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/03\/Go-for-it-225x300.jpg 225w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p><em>We love to read and share &#8211; here&#8217;s some notable things from the last week covering life, investing, planning and financial literacy for kids plus a look at what we were up to this time last year.<\/em><\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong>Perspective<\/strong><\/em><\/span><\/p>\n<p><a href=\"http:\/\/www.marksdailyapple.com\/the-importance-of-non-negotiable-no-matter-what-rules\/#axzz3YnVNsUZt\" target=\"_blank\"><em>The Importance of Non-Negotiable, \u201cNo Matter What\u201d Rules<\/em><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong>Investing<\/strong><\/em><\/span><\/p>\n<p>Let the facts speak for themselves &#8211;\u00a0<em>\u00a0<a href=\"http:\/\/www.etf.com\/sections\/index-investor-corner\/2-studies-show-indexings-virtue\" target=\"_blank\">2 Studies That Show Indexing&#8217;s Virtue<\/a><\/em><\/p>\n<p>When it comes to investing, the science is compelling but the beliefs that influence behaviour are powerful &#8211;\u00a0<a href=\"https:\/\/www.linkedin.com\/pulse\/why-do-many-reasonable-people-doubt-science-investing-bodel-cfa?trk=hp-feed-article-title\" target=\"_blank\"><em>Why Do Many Reasonable People Doubt The Science of Investing?<\/em><\/a><\/p>\n<p>&#8220;We knew we were wrong, but tried to convince ourselves that we were right.\u201d &#8211;\u00a0<a href=\"http:\/\/awealthofcommonsense.com\/the-timeless-nature-of-the-herd-mentality\/\" target=\"_blank\"><em>The Timeless Nature of the Herd Mentality<\/em><\/a><\/p>\n<p>\u2018Investors are a little bit like people who take a job, have a bad day at work and decide to quit\u2019 &#8211; <a href=\"http:\/\/www.marketwatch.com\/story\/how-to-gird-yourself-for-the-next-stock-market-correction-2015-04-27\" target=\"_blank\"><em>How to gird yourself for the next stock market correction<\/em><\/a><\/p>\n<p>Just like Dr Oz, financial pundits exist because the truth is boring &#8211;\u00a0<a href=\"http:\/\/thereformedbroker.com\/2015\/04\/27\/dr-oz-exists-because-people-crave-certainty\/\" target=\"_blank\"><em>Charlatans exist because people crave certainty<\/em><\/a><\/p>\n<p>The evidence is compelling &#8211; slow and steady wins the race &#8211;\u00a0<a href=\"https:\/\/chaltenadvisors.ca\/blog\/slow-and-steady-wins-the-race\/\" target=\"_blank\"><em>Slow and steady wins the race<\/em><\/a><\/p>\n<p>We tend to think in the short term, but it hampers our ability to invest intelligently &#8211;\u00a0<a href=\"http:\/\/money.usnews.com\/money\/blogs\/the-smarter-mutual-fund-investor\/2015\/04\/09\/how-poor-decision-making-affects-your-returns\" target=\"_blank\"><em>How Poor Decision-Making Affects Your Returns<\/em><\/a><\/p>\n<p>I wish every investor would read this series of blogs from Larry Swedroe. They are compelling &#8211;\u00a0<a href=\"http:\/\/www.advisorperspectives.com\/newsletters15\/Does_Lippers_Best_Overall_Fund_Company_Beat_a_Passive_Strategy.php?utm_content=bufferaca06&amp;utm_medium=social&amp;utm_source=twitter.com&amp;utm_campaign=buffer\" target=\"_blank\"><em>Does Lipper&#8217;s Best Overall Fund Company Beat a Passive Strategy?<\/em><\/a><\/p>\n<p>Yet to be convinced of the case for using index funds? Read this &#8211; <a href=\"https:\/\/pressroom.vanguard.com\/content\/nonindexed\/Updated_The_Case_for_Index_Fund_Investing_4.9.2014.pdf\" target=\"_blank\"><em>The Case for Index &#8211; Fund Investing<\/em><\/a><\/p>\n<p>&#8220;Admit what you can\u2019t know..you\u2019ll be a much better investor when you recognize your limitations&#8221; &#8211; <a href=\"http:\/\/www.basonasset.com\/quit-trying-to-get-it-right\/\" target=\"_blank\"><em>QUIT TRYING TO GET IT RIGHT<\/em><\/a><\/p>\n<p>LET ME TELL YOU A SECRET &#8211; the winners always get to tell their story &#8211; don&#8217;t play the losers game &#8211;\u00a0<a href=\"http:\/\/www.basonasset.com\/let-me-tell-you-a-secret\/\" target=\"_blank\"><em>LET ME TELL YOU A SECRET<\/em><\/a><\/p>\n<p>\u201cThe investor\u2019s chief problem, and even his worst enemy, is likely to be himself.\u201d \u2013 Benjamin Graham, 1949, The Intelligent Investor &#8211;\u00a0<a href=\"https:\/\/www.ifa.com\/articles\/the_misbehavior_of_investors\/\" target=\"_blank\"><em>The Misbehavior of Investors<\/em><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong>Planning<\/strong><\/em><\/span><\/p>\n<p>The Blunt Bean Counter gives a thorough assessmenet of TFSAs from a behavioural perspective &#8211;\u00a0<a href=\"http:\/\/www.thebluntbeancounter.com\/2015\/04\/tfsas-ease-of-access-discipline-and.html\" target=\"_blank\"><em>TFSAs &#8211; Ease of Access, Discipline and Retirement<\/em><\/a><\/p>\n<p>How seniors can put a higher contribution limit for tax-free savings accounts to work &#8211;\u00a0<a href=\"http:\/\/www.chaltenadvisors.com\/\" target=\"_blank\"><em>Retirees can save money by trimming RRIFs and RRSPs, adding to TFSAs<\/em><\/a><\/p>\n<p><em><a href=\"http:\/\/business.financialpost.com\/personal-finance\/tfsa\/a-world-with-tfsas-vs-without-guess-which-one-can-help-a-middle-class-couple-save-1-1-million?__lsa=4b4f-22c1\" target=\"_blank\">A world with TFSAs vs without: Guess which can help a middle-class couple save $1.1M?<\/a><\/em><\/p>\n<p><a href=\"http:\/\/business.financialpost.com\/personal-finance\/resp-the-tax-free-account-canadian-parents-forgot-about\" target=\"_blank\"><em>RESP: The tax-free account Canadian parents forgot about<\/em><\/a><\/p>\n<p><a href=\"http:\/\/www.huffingtonpost.ca\/adam-chambers\/tfsa-ontario_b_7163320.html?utm_content=buffere612d&amp;utm_medium=social&amp;utm_source=twitter.com&amp;utm_campaign=buffer\" target=\"_blank\"><em>The TFSA Is a Great Option for All Income Brackets<\/em><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong>Financial literacy for kids<\/strong><\/em><\/span><\/p>\n<p>Teacher your kids the value of money &#8211;\u00a0<a href=\"http:\/\/www.boomerandecho.com\/should-an-allowance-be-tied-to-chores\/\" target=\"_blank\"><em>Should An Allowance Be Tied To Chores?<\/em><\/a><\/p>\n<p><em><a href=\"https:\/\/www.kitces.com\/blog\/how-to-raise-children-to-be-the-opposite-of-spoiled-using-money-to-teach-values\/#more-6664\" target=\"_blank\">How To Raise Children To Be The Opposite Of Spoiled \u2013 Using Money To Teach Values<\/a><\/em><\/p>\n<p><span style=\"text-decoration: underline;\"><strong><em>This time last year<\/em><\/strong><\/span><\/p>\n<figure id=\"attachment_299\" aria-describedby=\"caption-attachment-299\" style=\"width: 640px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/05\/Ceviche-in-Lima1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-299 size-large\" src=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/05\/Ceviche-in-Lima1-1024x768.jpg\" alt=\"Ceviche in Lima\" width=\"640\" height=\"480\" srcset=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/05\/Ceviche-in-Lima1-1024x768.jpg 1024w, https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/05\/Ceviche-in-Lima1-300x225.jpg 300w, https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/05\/Ceviche-in-Lima1.jpg 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-299\" class=\"wp-caption-text\"><em>Ceviche bar in Lima<\/em><\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThe investor\u2019s chief problem, and even his worst enemy, is likely to be himself.\u201d \u2013 Benjamin Graham, 1949, The Intelligent Investor We either make ourselves miserable, or we make ourselves happy. The amount of work is the same. -Carlos Castaneda \u201cDogs have owners, cats have staff. Are you a dog or a cat?\u201d \u2013\u00a0Unknown We <a class=\"read-more\" href=\"https:\/\/chaltenadvisors.ca\/blog\/what-makes-you-itch-weekend-reading-worth-jumping-into-5\/\">[&hellip;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,7,18],"tags":[],"class_list":["post-297","post","type-post","status-publish","format-standard","hentry","category-all-posts","category-graham-bodel-posts","category-weekend-reading"],"_links":{"self":[{"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts\/297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/comments?post=297"}],"version-history":[{"count":2,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts\/297\/revisions"}],"predecessor-version":[{"id":657,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts\/297\/revisions\/657"}],"wp:attachment":[{"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/media?parent=297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/categories?post=297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/tags?post=297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}