The True Cost Of Owning An ETF – The MER Is The Main Thing

by Mike Holman

I read an article recently about a formula to calculate the true cost of owning an ETF.  The idea behind this formula was to capture all the costs of an ETF, not just the annual expense ratio or MER. Related: What are ETFs? – Exchange Traded Funds If you are trying to add up your […]

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LinkStuff – Dividend e-Book Edition

by Mike Holman

My friend Mike Hereux from the Dividend Guy blog has written a book about dividend stocks called Dividend Growth: Freedom Through Passive Income. It’s a pretty good guide on dividend investing and includes everything from stock selection to diversification to taxes. If you want to learn more about dividend investing, this book is a good […]

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Avoiding Cell Phone Data Roaming Charges While Traveling In The United States – Success!

by Mike Holman

I’ve written a number of articles about my experiences with attempting to reducing my iPhone data charges while traveling in the United States and I”m happy to say that this year, I didn’t have any data “surprises”. Last year, I got some unexpected charges because I wasn’t monitoring the data usage correctly and I also […]

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LinkStuff – Arrowhead Provincial Park Edition

by Mike Holman

I recently wrote about our visit to Pinery Provincial park which is a great park.  I think our favourite park from this summer was Arrowhead Provincial park which is near Huntsville, Ontario. It’s located about three hours north of Toronto and is just outside Huntsville. What we liked about Arrowhead Campsites were large and private. […]

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Withdrawal Of RESP Over-Contributions – Tread Lightly

by Mike Holman

Reader Bryan sent in the following question: I opened an RESP the month after my son was born, and I have been diligently contributing such that my contributions will nearly reach the maximum amount that the government will match by 20%, and the extra room has been filled with money my son has received as […]

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Mutual Fund Trailer Fee Disclosure – Good Move, But Won’t Make Much Difference

by Mike Holman

I agree with Rob Carrick that better disclosure of mutual fund fees and rate of return is worth the extra cost to investors. I’ve already written in the past however, that while I think more mutual fund fee disclosure is good, I doubt it will make much of a difference. Most investors don’t read anything other than […]

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Reader Question – How Much Should You Save In Your RESP?

by Mike Holman

George asks: I bought your RESP book and have been a long-time reader of your blog. I have a question I’m hoping you can help me with, but it you don’t have time I totally understand. My question is this: at what point is an RESP ‘big enough’ that we should discontinue contributing to it? […]

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So You Are Debt Free – Now What?

by Mike Holman

A friend of mine eliminated his mortgage a couple of years ago at age 35 and planned to save a good portion of the resulting extra cash flow.  So far he has just spent the extra money, even though he knows he should be saving more. My wife and I had a big goal to pay […]

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