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Odds and Ends from the Personal Finance World

Posted by admin on October 12, 2007 in Misc.

Ah…it was one of those weeks. Because of the Thanksgiving Monday, I lost track of the days of the week and realized that real estate Wednesday had come and past without a post!  I’ll post the last of the three part series on saving money on buying a new home next week.  Now to wrap up the short week with some odds and ends:

1.  Can google go any higher?  Business Week believes $622/share is not the end of google as a growth stock.

2. Quote of the week from Mutual Fund Manager Richard Nield who runs AIM’s Canadian Premier Fund: “Canadian banks trade at some of the more expensive valuation multiples that we see; in some cases, 30 per cent more expensive than some of the European banks and that is just very difficult for us to overlook…” I am continuing to keep my eye on American banks hoping they get over-sold.
3. I started reading the book “Get Smarter: Life and Business Lessons” by Seymour Schulich (not an affiliate link). A very simple read which is aimed more as an business book and not a personal finance book per se but it does have a few nuggets of personal finance advice including: keep cash on hand (the rich are rich by buying low), buy gold and buy the worse house in the best neighborhood rather than the other way around.

Have a great weekend.