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.
Not much to report this week so I’ll get right to it…
From Around The Blogosphere
Larry MacDonald shows us that investors are pulling their money out of investments they were supposed to hold for a long time.
The Million Dollar Journey puts Cash Back Mortgages under the microscope.
The Canadian Capitalist reminds us that you don’t have to use ETFs to track indices, you can use mutual funds to do that as well. (Make sure to check out the article he references in the Globe – it’s bloody brilliant!) :)
Michael James on Money explains that he sees right through a promotional offer designed to entice him back to a previous service provider.
Four Pillars chronicles his experience in creating his last will and testament. If anyone needs a contingent beneficiary for their wills, please feel free to name me: I will then give away your estate as a prize for an upcoming contest.
Canadian Dream: Free at 45 shows us a simple way to cut your family’s food bill.
Canadian Financial DIY uncovers some interesting information about the evolving Chinese capital markets.
This Week’s Racing Video
Found a bit of a gem from yesteryear. This week’s video is one of the smoothest drivers of all time (Jackie Stewart) narrating a lap around the famed Nordshcleife (also known as the Nurburgring), which has over 100 turns and laps are almost 10 minutes long. It was deemed to be much to dangerous for Formula 1 years ago. This clip is only two minutes but has some of the most beautiful footage I have seen from this era.