So, it’s not big secret that the markets have been at a low for a little while now. Some investors started buying and selling in late April and early May, and others like my self have stayed pat by not doing anything at all. On Friday I got my RBC mid year investment statement for my retirement savings account (RRSP), and without much surprise my personal rate of return was -5.40% or in other words my investments lost nearly 5.5% in six months.
Deep down I wasn’t surprised at this at all. The TSX has been down for the most part over the past two or three months, and the first part of the year wasn’t much better. Stock markets had been having a decent July, recovering some of the losses posted earlier in the year. It seems like yesterday that I was in for a meeting at my local branch with an investment/financial advisor, who has also become a good acquaintance/friend. He swore up and down that my investment in a particular mutual-fund would be a wise investment, after all six months ago it was up 6% the past six months, and finished the year strong with a 10.3% return. In 2009 it returned 54.5%, followed by a 24% return in 2010.
I don’t plan to change course, so I’ll stick with my RRSP investment plan till year end, in hopes that it will turn around and get into the positives by year end. Keep you guys posted. Readers, how have your investments performed in the first half of 2012?
Here’s this weekend’s 7 super-duper reads from the past week that you might have missed.
The Passive Income Earner
Getting life insurance can be a confusing journey. When do you get it? Which do you consider? These are some of the questions that PIE addresses in his post on when to consider life insurance.
Often as bloggers we focus heavily on writing, and quality content, but more often we over look search engine optimization (SEO). Keyword search is a necessary action for a solid online presence. Jeremy (or the SEO expert) as referred to by some wrote a neat piece on optimal blog keyword search. There’s a lot more to SEO, but it was a pretty good introduction to keyword search.
Kylie conducted an interview with Avrom who recently launched his new website, ‘The Web Ninja‘, which focuses on helping bloggers becoming great bloggers. I’m glad Avrom took on this project, he’s the right guy for the job who has tons of experiences building websites.
See Debt Run
Do you like freebies? If you said ‘No’, I think you’re seriously gay, but since I know deep down you like freebies (like we all do), here’s a great post bu Jefferson on six ways to listen to music online for free.
Canadian Budget Binder
I had a good laugh with this post. How often do we see friends, family members or friends of friends who act like Mr. or Mrs. money bags, yet they’re really struggling. Not everyone will become the millionaire, but some sure act like they do. Read the full post – Mr. or Mrs. money bags.
Depending on how old you are now, you’ve might have asked your self; Are my 30′s better than my 20′s? Turning 30 is a big event, and we all remember or will remember different things about when it happened to us. As someone on the verge of entering his dirty thirties, it’s a question that I’ll face in not so distant future. So, are your 30′s better than your 20′s?
Making Sense of Cents
Philanthropy is one of the greatest things to mankind that anyone can do, yet very few people do it. Everyone is so busy, but busyness is just a simple excuse. If you’ve been thinking about volunteering and giving back a little to your local community, Michelle shares some wonderful volunteer ideas.
Thanks for being part of this weekend’s Finance Fox Weekend Recap. We hope you enjoyed this week’s seven super-duper reads you might have missed, and see us again right here next weekend where we’ll do it all over again.
Photo Credit (tomscholes)