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.
I had the pleasure of sitting in on another NCFBA meeting this week while in Ottawa for business (NCFBA = Nation’s Capital Financial Bloggers Association) which was attended by Canadian Capitalist, Big Cajun Man and Larry MacDonald. Other than that, the only thing to report is that I’ll be off for two weeks filming the last leg of the W Network challenge – I’ll let everyone know when the three episodes air (unless they are embarassing in which case all the members of the NCFBA will let you know when they air!)
From Around The Blogosphere
Larry MacDonald notes that Berkshire Hathaway stock is trading below book value, the shares subsequently tripled in value the last time that happened, but how much longer will Buffett be at the helm?
Big Cajun Man has been finding some really great videos and posting them to his site. Not really money related (but then again, neither are my racing videos!). Remember “The Sweater”? You will…
Canadian Capitalist discovered that Canada’s Youngest Retiree who sold many books espousing the virtues of holding dividend paying stocks forever, sold all of his holdings in February. Is he taking his book off the shelf? Nope.
Jonathan Chevreau wonders if pessimism serves as a reverse indicator.
Tobey Maguire on Money notes that DIY (do it yourself) investing can mean different things.
Four Pillars explains how you can rent-to-own instead of just renting, and instead of taking the ownership plunge right away.
Million Dollar Journey found out that you can get a free flight anywhere in North America by signing up for a new credit card. Is it all it’s cracked up to be? Check out the comments to learn more.
Mark Wolfinger talks about emotional diversification. This has nothing to do with polygamy.
Thicken My Wallet explains how NOT to get a job.
This Week’s Racing Video
Not really a racing video this week, but this one had me howling the first time I saw it. It’s nice and short (less than 45 seconds), but all I will say is that there is a reason automobile manufacturers list a maximum towing capacity rating… :)
I think “Spiderman on Money” sounds much cooler :)
Thanks for the link! Turns out he is seeking publicity for his new book on selling put options.
Hey Preet, thanks for the link and for the great video!
Thanks for the link – I enjoyed the video.
Mike
Thanks for the mention. Nice video. This reminds me of another time I saw people make poor but amusing choices with their vehicles. One lazy guy decided to drive his car hauling a boat trailer onto a sand bar to launch the boat instead of hauling it into the water by hand. Predictably, he got stuck. After much effort, his car had moved about a foot straight down as the wheels made nice holes for themselves in the sand. Another guy drove his truck out to haul the car. The truck didn’t seem to be at risk of getting stuck until two vehicles were joined by rope. The truck’s tires spun and eventually they gave up and removed the rope. Predictably, the truck was now so stuck that it couldn’t move even though it was no longer trying to tow the car. I never did see how it ended, but it added some fun to a lazy day at the cottage.
Thanks for the link.
The articles mentioned are very interesting and useful to investors.
Hi, great round up, wanted to let you know you made my list of Top 10 Canadian Blogs that Help You Save.
@Hollie – thanks for the mention, I’ll be sure to look your site up!