Articles in the Personal Finance Category
Personal Finance »
I am nothing if not consistent, and staunchingly stubborn in my views and opinions. Remember when I first opened the debate on money vs. happiness? Maybe you’ve caught my recent thoughts about lack of money creating unhappiness when I decided to add “The Pursuit Of Happyness” to my list of movies to watch.
And while most people just got over the excitement of the Academy Awards, I’m staying excited to recommend another movie for you! The movie isn’t even out yet, but the theme and inspiration for the movie will certainly …
Personal Finance »
You know what really grinds my gears? Personal finance marketing ploys that work! It’s in the media everywhere! I swear that every time I hear “Learn What The Rich Know, That The Poor Don’t!“, an angel somewhere must be losing its wings. Who would fall for that crap? Yet everyday, common folks are baited into believing that its their lack of knowledge causing all their financial woes. Guess what, there are tons of people out there willing to sell you the cure… for suckers!
But it’s not just profit-hungry creeps who …
Personal Finance, Stocks »
Ever since I mourned the loss of Ameritrade Canada to the buy-out from TD Waterhouse Canada, I’ve been hot on their tail about lowering brokerage commission rates. I was remiss to have not blogged about TD Waterhouse’s new Active Investor commission rates policy, but it’s not too late to correct that oversight!
I’ll scrutinize the fine points of that policy to illustrate that TD Waterhouse has merely put forth a shell to fool customers. The only people able to take advantage of this policy are the really high net-worth account holders. …
Personal Finance »
This article was original published at GuruWatch.org where I’m helping to contribute. Check it out!
Robert Kiyosaki, on his latest article for Yahoo! Finance’s “Why The Rich Get Richer?” column, wants people to stay away from financial predators. He names notable people from financial scandals such as Ken Lay, Jeff Skilling, Dick Grasso. Kiyosaki even cites examples from G.E. and AOL’s past with Jack Welch and Steve Case.
You won’t find me disagreeing with Kiyosaki about his rogue gallery roster. (Did I just write that?) Especially his point that these wealthy white-collar …
Personal Finance »
GuruWatch, launched recently by Flexo (of Consumerism Commentary blog fame), intrigued me with his recent collection of book reviews about Robert Kiyosaki and Donald Trump’s new book - Why We Want You To Be Rich.
I guess these 2 “gurus” didn’t mind simply swapping advisors. The opportunity to work on a book together probably incubated from the time they met at those Learning Annex seminars. Are two “gurus” really better than one? Or are the sum of the parts less than the whole? Go ahead and read the reviews, but …
Personal Finance, Stocks »
Here’s an update to the whole Canadian TD Waterhouse, Amertirade merger. Myself and many commenters have previously voiced our displeasure at the high comission rates that Canadian traders / investors have to endure. Ameritrade Canada was a haven with its $10.99 rate until the hammer dropped to consummate TD and Ameritrade’s relationship. They were further insulted by the lack of tools on TD Waterhouse’s Canadian trading platforms.
To appease the Ameritrade converts, TD Waterhouse Canada instituted a “Welcome To TD Waterhouse” $9.99 comission rate. The offer since June was set to …
Personal Finance »
InvestorGeeks recently ran an analysis on the spread between credit card interest rates and the American prime lending rate. I feel dirty and used after reading the article. That’s not because of whatever Chris wrote, but because those numbers brought up deep-seated resentment about the Canadian financial services industry.
I’ve blogged critically about high Canadian brokerage commission fees. I can also look past our high tax rates for the reciprocated services. But when I hear complaints about how gas and oil companies are making record profits hand-over-fist, I wonder why Canadians …
Media, Personal Finance »
I’ve often voiced my displeasure for the way Canadian brokerage firms mistreat their customers with high fees, poor tools and poor services. You can find the many dissatisfied customer comments on my previous post regarding the TD Waterhouse / Ameritrade merger.
But those same brokerage firms insist that they are improving their services. For example, here’s TD Waterhouse telling you what they’re doing for their customers in their own words!



