On a sports related website this week, a reader commented that the holiday decorations at their local Starbucks went up on November 8th this year, meaning that 13% of the year will be spent promoting the holidays. Thus, I am pleased to report that my link of the week goes to the latest fashion trend towards cheap sportswear. You can buy almost 10 pairs of Nike basketball shoes for the same price as these new shoes. And, the kids love it so you don’t have to be accused of being cheap and unfashionable. Who knew, in this day in age, frugal would be cool?
Some brief odds and ends for this week:
- There’s a great on-going series on first time home buying being posted weekly on Quest for Four Pillars. I linked the last part but read from the beginning. An enjoyable series especially if you know the neighborhoods the writer is looking in and a look at the dark side of buying a house called the bully offer which happens a lot in Toronto.
- Riscario Insider tackles the benefits of Universal Life Insurance. I am in the process of applying for a universal life policy so this is a good prelude to a post on this topic (I have slightly different outlook on the product than he does).
- The Sun’s Financial Diary has an interesting take on investing in Chinese stocks if you are thinking of investing abroad.
Have a great weekend.




November 16th, 2007 at 9:21 am
Hi there, thanks a lot for the mention.
Mike
November 19th, 2007 at 2:39 am
Thanks for the mention. Until recently, I’d avoided discussing life insurance based on the negative perceptions that abound. I’m currently developing material for future posts to show “the other side” and would welcome a civil discussion.
I thought you’d already purchased a UL policy for charitable purposes some months back. Maybe you’re referring to the same policy or maybe my memory’s bad.
December 10th, 2007 at 11:54 am
In his post, Riscario sayz that most Canadians are unaware or skeptical about Universal life insurance. I wouldn’t say so. I believe most Canadians are getting the kind of information they seek, for example on the internet, too. Universal Life Insurance provides with you an extremely flexible form of life insurance. You can vary your monthly deposit, choose a level or increasing death benefit options, as well as tailor your investment choices within a tax sheltered account. So it is not something one should be afraid of.