Our Channels - Glenn Cooke, President of InsureCan, is sponsoring a contest on this blog (and a few others) where you can win one of two $50 Chapters gift cards. Here’s how to enter the contest: You can earn one entry by just leaving a comment to this post telling us your best investment idea for 2009. You can earn a bonus entry by reading through the previous comments and writing down the number of the comment that you like best. For a sample entry, see the first comment. [Contest rules: (1) Contest closes on Friday, January 23, 2009 at 5 PM EST. (2) One entry per person per e-mail id. (3) Ask your friends to participate (Hint: Ask them to vote for your idea!). (4) The comment that receives the most votes wins. A random winner will be picked if a clear winner cannot be determined. (5) If you receive this post via e-mail, click on the heading to visit the website, scroll down to the end of the page, type in your comment under "Leave a Comment" and click "Submit".]
- Nortel filing for bankruptcy protection is the biggest business story of the week. It’s hard not to feel sorry for ex-employees whose severance payments are now in limbo and pensioners who are now looking at a shortfall in their pension payments. The blogger behind Canadian Financial Stuff, an ex-employee himself, sums up his feeling about Nortel as: “sometimes it’s better to be lucky than talented”.
- Do as I say, not as I do. Jason Zweig wrote a column in The Wall Street Journal on how some of the leading investment experts don’t always take the advice that they so generously give others.
- Tax expert Tim Cestnick provides his take on the Lipson case judgement rendered by the Supreme Court last week.
- Mark McQueen, who writes the Wellington Blog wonders how likely it is that BMO will cut its dividend, in the light of an all-cash deal to buy AIG’s Canadian Life Insurance business.
- “The Feds want to GIVE you money and you don’t want to take it? Whazzup with that?” asks Gail Vaz-Oxlade as she encourages readers to save for their children’s education through a RESP.
- Million Dollar Journey featured a guest post on using flow-through shares to maximize charitable donations.
- Where else but on Money Grubbing Lawyer would you find smart and sensible financial tips from a reformed ex-con.
- Four Pillars wrote about the 11 factors to consider when buying a house.
- Squawk Fox reminds us that the best things in life are free with a poignant story.
Bundle up, stay warm and have a great weekend everyone!
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