{"id":330,"date":"2015-06-12T10:19:01","date_gmt":"2015-06-12T17:19:01","guid":{"rendered":"https:\/\/chaltenadvisors.com\/blog\/?p=330"},"modified":"2016-08-01T06:33:05","modified_gmt":"2016-08-01T13:33:05","slug":"what-makes-you-itch-weekend-reading-worth-jumping-into-9","status":"publish","type":"post","link":"https:\/\/chaltenadvisors.ca\/blog\/what-makes-you-itch-weekend-reading-worth-jumping-into-9\/","title":{"rendered":"What makes you itch?  Weekend reading worth jumping into."},"content":{"rendered":"<p><em>&#8220;The pain of discipline is far less than the pain of regret.&#8221; -Sarah Bombell<\/em><\/p>\n<p><em>&#8220;If you want something different You Gotta do something different.&#8221; &#8211; Nathaniel Williams<\/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. \u00a0<\/em><\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong>Perspective<\/strong><\/em><\/span><\/p>\n<p>The field of behavioral economics has been around for more than three decades, but the application of its findings to societal problems has only recently been catching on &#8211;\u00a0<a href=\"http:\/\/www.nytimes.com\/2015\/05\/10\/upshot\/unless-you-are-spock-irrelevant-things-matter-in-economic-behavior.html?_r=1&amp;abt=0002&amp;abg=1\" target=\"_blank\"><em>Unless You Are Spock, Irrelevant Things Matter in Economic Behavior<\/em><\/a><\/p>\n<p>The outcome might be uncertain but the journey is certainly going to be a ride we don\u2019t just want to take, it\u2019s a ride we have to take &#8211;\u00a0<a href=\"https:\/\/medium.com\/life-learning\/imagine-a-world-without-failure-ad1e59ad1db5\" target=\"_blank\"><em>Imagine: A World Without Failure<\/em><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong>Investing<\/strong><\/em><\/span><\/p>\n<p>A report commissioned by Canadian regulators considering overhauling mutual fund fees says there is \u201cconclusive evidence that commission-based compensation creates problems that must be addressed.\u201d &#8211;\u00a0<a href=\"http:\/\/business.financialpost.com\/personal-finance\/managing-wealth\/mutual-fund-fees-hurt-investment-returns-raise-expenses-study-says\" target=\"_blank\"><em>Mutual fund fees hurt investment returns, raise expenses, study says<\/em><\/a><\/p>\n<p>When in doubt, an expert always knows better. Except in the case of mutual fund managers &#8211;\u00a0<a href=\"http:\/\/news.nd.edu\/news\/53632-financial-experts-may-not-always-be-so-expert-new-notre-dame-study-reveals\/\" target=\"_blank\"><em>Financial experts may not always be so expert, Notre Dame study reveals<\/em><\/a><\/p>\n<p>You have three options in the face of rising rates. The first two are not recommended &#8211;\u00a0<a href=\"http:\/\/www.chaltenadvisors.com\/\" target=\"_blank\"><em>How Should Investors Prepare for Rising Rates?<\/em><\/a><\/p>\n<p>Responsible investing can lead to better returns &#8211;\u00a0<a href=\"http:\/\/www.advisor.ca\/news\/industry-news\/advisors-who-follow-best-practices-can-add-3-in-net-returns-study-184421?rss=yes\" target=\"_blank\"><em>HOW TO ADD 3% IN NET RETURNS<\/em><\/a><\/p>\n<p>Mother Nature has it in for your investment results. She has programmed all of us to make a lot of mistakes when making investment decisions &#8211;\u00a0<a href=\"http:\/\/jimoshaughnessy.tumblr.com\/post\/121027595864\/mother-nature-designed-you-to-be-a-bad-investor\" target=\"_blank\"><em>Mother Nature designed you to be a bad investor<\/em><\/a><\/p>\n<p>At financial forks in the road, we human beings reliably take the path most likely to get us fleeced or short-changed &#8211;\u00a0<a href=\"http:\/\/www.marketwatch.com\/story\/youre-an-idiot-with-money-and-theres-nothing-you-can-do-about-it-2015-06-05\" target=\"_blank\"><em>You\u2019re an idiot with money, and there\u2019s nothing you can do about it<\/em><\/a><\/p>\n<p>How your advisor talks to you about fees can say a lot &#8211; video &#8211; part of a good series of short videos coming out from MoneySense \u00a0&#8211;\u00a0<a href=\"http:\/\/www.moneysense.ca\/retire\/moneysense-answers-why-is-fee-disclosure-important\/\" target=\"_blank\"><em>Why is fee disclosure important?<\/em><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><em><strong>Planning<\/strong><\/em><\/span><\/p>\n<p>Saying &#8220;I do&#8221; to your wife&#8217;s retirement planning may pay off &#8211;\u00a0<a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2015-06-02\/three-reasons-why-women-should-lead-household-retirement-planning\" target=\"_blank\"><em>Three Reasons Why Women Should Lead Household Retirement Planning<\/em><\/a><\/p>\n<p>Budgeting isn\u2019t just about tracking your costs, it\u2019s about making sure you\u2019re spending your hard-earned money the way you want to &#8211;\u00a0<a href=\"http:\/\/gailvazoxlade.com\/blog\/archives\/6870\" target=\"_blank\"><em>5 Reasons Budgets Don\u2019t Work<\/em><\/a><\/p>\n<p>Are multimillionaires who darn their socks really just cheapskates? Or are those little habits integral to their accumulation of wealth and part of the reason they have achieved a level of financial comfort? &#8211;\u00a0<a href=\"http:\/\/www.nytimes.com\/2015\/06\/06\/your-money\/skimping-on-the-splurges-even-as-a-millionaire.html?ref=your-money&amp;_r=1\" target=\"_blank\"><em>Millionaires Who Are Frugal When They Don\u2019t Have to Be<\/em><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><strong><em>Financial Literacy for Kids<\/em><\/strong><\/span><\/p>\n<p>Is your child&#8217;s allowance linked to chores? &#8211;\u00a0<a href=\"http:\/\/tamarindfinancial.com\/allowances-tool-or-tyranny\/\" target=\"_blank\"><em>Allowances: Tool Or Tyranny?<\/em><\/a><\/p>\n<p>Rob Carrick on Canada&#8217;s new financial literacy strategy &#8211; <em><a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/investor-education\/financial-literacy-strategy-must-tackle-canadians-borrowing-behaviour\/article24866625\/\" target=\"_blank\">The ticking time bomb: Financial literacy must tackle our borrowing behaviour<\/a><\/em><\/p>\n<p><span style=\"text-decoration: underline;\"><strong><em>This time last year<\/em><\/strong><\/span><\/p>\n<figure id=\"attachment_331\" aria-describedby=\"caption-attachment-331\" style=\"width: 500px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/06\/Stay-or-Go.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-331 size-full\" src=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/06\/Stay-or-Go.jpg\" alt=\"Stay or Go\" width=\"500\" height=\"375\" srcset=\"https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/06\/Stay-or-Go.jpg 500w, https:\/\/chaltenadvisors.ca\/blog\/wp-content\/uploads\/2015\/06\/Stay-or-Go-300x225.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><figcaption id=\"caption-attachment-331\" class=\"wp-caption-text\"><em>Isla Isabella, Galapagos &#8211; days before our year is about to end &#8220;Daddy, should we stay or should we go?&#8221; I don&#8217;t know, Jack, I don&#8217;t know&#8230;..<\/em><\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Please <a href=\"https:\/\/chaltenadvisors.ca\/blog\/subscribe\/\" target=\"_blank\"><em>subscribe to the Chalten blog<\/em><\/a> to get it straight to your inbox.<\/p>\n<p>Take our<a href=\"https:\/\/www.pocketrisk.com\/embedded_clients\/new?account_id=510&amp;embed_token=54d7ad\" target=\"_blank\"><em> free Risk Questionnaire!<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The pain of discipline is far less than the pain of regret.&#8221; -Sarah Bombell &#8220;If you want something different You Gotta do something different.&#8221; &#8211; Nathaniel Williams 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 <a class=\"read-more\" href=\"https:\/\/chaltenadvisors.ca\/blog\/what-makes-you-itch-weekend-reading-worth-jumping-into-9\/\">[&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":[18],"tags":[],"class_list":["post-330","post","type-post","status-publish","format-standard","hentry","category-weekend-reading"],"_links":{"self":[{"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts\/330","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=330"}],"version-history":[{"count":3,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts\/330\/revisions"}],"predecessor-version":[{"id":655,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/posts\/330\/revisions\/655"}],"wp:attachment":[{"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/media?parent=330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/categories?post=330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chaltenadvisors.ca\/blog\/wp-json\/wp\/v2\/tags?post=330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}