LinkStuff – CBC Appearance And Pushups Edition

by Mike Holman

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I was fortunate to be a guest on the CBC radio program “Ontario Today” this week.  I was a stressed-out, nervous wreck for a couple of days beforehand, but I managed to get through it without sounding like a complete moron.  :)

Here is the link to the show if you wish to listen.  The show was quite interesting – lots of great callers.

A related link – James Altucher says he’s never owning a home again.

100 pushups

I’ve been working very hard on the 100 pushup challenge. Unfortunately, as I predicted, the program is too aggressive. I’ve already had to repeat 2 workouts because I couldn’t do all the required pushups.  Stupid gravity!

I think finishing the program in six weeks is too optimistic and I’d like to do a longer time line. The hundred pushup challenge only has one “stream”, so I made my own. From now on I’m going to do each workout twice before moving on. This effectively turns it into an 11 week program (I’m in the 2nd week) which is a lot more realistic (for me, at least).

The downside of the more aggressive 6-week program is that you feel like you have failed whenever you have to repeat a day. By planning to repeat each workout, I’m hoping the experience will be a bit more positive.

On with the links

Jeremy from GenX wrote a fantastic investing article called This is why you can’t make money in the stock market. Read it.

Ken Jennings from Jeopardy fame needs some help after getting ripped off by Europcar.

Financial Uproar had a sad story about a poor retirement plan.

Sustainable Personal Finance has 34 house staging tips.

The Blunt Bean Counter gives us Reading Financial Statements for Dummies.  A great primer for someone who is interested in analyzing stocks.

Million Dollar Journey is on a real estate kick. Canadians buying property in Florida has a lot of interesting comments too.

Canadian Capitalist hopes that the abusive charity crackdown will continue after the election.

Rob Carrick says that smart investing decisions are hard to make.

MacLeans wonders if the CMCH responsible for a Canadian housing bubble?

David Milstead from the Globe & Mail, thinks that the rumoured Groupon IPO is no bargain.

Michael James almost had to hire a private investigator to determine some minimum RRIF withdrawal amounts.

Retire Happy blog says know your spending.

Boomer and Echo categorizes different purchasing styles.

Preet has a really good investing lesson:  Stick to your investing plan.

A few American links

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{ 20 comments… read them below or add one }

1 Echo

Thanks for the link Mike! Fitness, much like investing, needs to be done at your own pace. You’re doing the challenge for yourself, not to measure up against anyone else. If it take twice as long, so be it.

By the way, did you mean to say “sit-ups”? This challenge just gets worse by the week ;)

2 Michael James

There was a brief period in my life when I could do 100 push-ups in one go without cheating by not going low enough or by raising my butt too high. I seriously doubt that most people could ever achieve this. Sorry to be a big downer, but this is not a very realistic goal for most people. Here’s hoping that it’s a reasonable goal for you.

3 Mike Holman

@Echo – I need to hire you to proofread my posts! Yes, I meant pushups. Sit-ups are easy in comparison. ;)

@Michael – You’re probably right that most people couldn’t ever do 100 pushups. There’s no doubt in my mind that I can do it, but it might take a while.

4 One of Seven

Great job on Ontario Today, Mike! What an interesting debate! While I can’t imagine going back to renting, it does sound tempting from the freedom perspective…. Definitely good food for thought and you did a great job as “Mr. Neutral” — thanks for the link!

5 Mike Holman

Thanks One of Seven – I can’t imagine renting either, unless we decided to move to a new city.

Owning a lot easier when you have a decent amount of equity – one of the benefits of getting old I guess. ;)

6 Mark Goodfield (The Blunt Bean Counter)

Mike, thanks for the mention. However, I now know you are one of the two people in Canada who when they see reading and financial statements in the title of a blog do not click and leave :)

7 Canadian Capitalist

It’s very hard doing live interviews. I much prefer writing. Congrats on appearing on CBC.

Thanks for the mention!

8 My Own Advisor

Hey Mike, I listened to the CBS spot, I think you did rather well.

Congrats on that.

Cheers,
Mark

9 My Own Advisor

err, CBC :)

10 Emily

Hey Mike,

I was one of the callers and I thought you did a great job (and not just because you affirmed our decision to sell and go back to renting).

Take care,

-Emily

11 Mike Holman

@Emily – Thanks! Good luck with renting. :)

12 Mike Holman

@Mark – Yes, some topics just don’t get the recognition they should. ;)

@CC – Thanks. Yes, live is difficult, especially if you are not used to it (which I’m not).

@My Own Advisor – Thanks.

13 Preet

You were great on CBC Mike!

A few years ago I was doing 50 pushups consecutively, I never thought to try for 100, but now perhaps I’ll give it a shot. Actually, let me try right now.

60, but I put my knee down for split second at 40 and the last 20 took longer than the first 40… Hmmm. Think I’ll join you in the challenge!

Michael James’ comment just reaffirms my belief that he is Tobey Macguire aka spiderman. :P

14 Michael James

@Preet: LOL. My days of 100 push-ups are long behind me. If you want a real eye-opener, try doing the push-ups beside a mirror and make sure your body is straight. Most people bend slightly at the waist which makes it much easier.

15 Mike Holman

@Preet – Thanks!

Wow, I can’t believe you can do 60 pushups. That’s fantastic.

16 Preet

Next time I’m over, I’ll bring that Turkish pide. If I can hit 100 pushups by then, it might leave me net neutral on a caloric basis. Ah, who are we kidding. I’d need to do about 250 pushups to offset that fatty goodness… :)

17 Financial Uproar

I thought I was the only one who read Ken Jennings’ blog. He’s pretty funny.

Thanks for the mention.

18 My University Money

Probably a good decision on the push ups Mike. Even getting to 100 push ups in 11 weeks is an extreme achievement. Keep up the hard work. I always felt cheated at push up comparisons because I have pretty long arms. Watching shorter guys with T-Rex arms pump out the reps on the floor, and on the bench press was always humbling.

It’s like guys who write personal finance blogs that make 250K in a year. It’s a lot easier to save money when you make a lot!

19 My University Money

PS. Definitely off topic, but I wrote a guest post over on Studenomics concerning the new Liberal Party proposal to add an interesting twist to the RESP program. As an authority on the topic I’m curious to hear your opinion on the oddly named, “Canadian Learning Passport.”

20 Mike Holman

@MUM – I also made another change to the program. Now I only do it twice a week. :)

For the record, I don’t make $250k or anything close to it.

Regarding RESP – it’s interesting, but the admin costs for something like that are pretty high.

I don’t understand why they can’t just give that money to students who are starting school and bypass the whole investment process.

A better idea is to take the existing CLB program and expand it to all kids regardless of income. That would be a lot easier than starting a new program.

I’ll check out your guest post.

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