Interesting Stuff on the Web

Interesting stuff on the web is what I have read through out the week. I read a lot of articles and there is always a few that I feel is worth you reading. Often I have a different opinion than the articles I post on Interesting Stuff On The Web but they are all well written pieces. Here are the links. Enjoy !!


Everything an investor needs in a single ETF/MoneySense Vanguard Investments Canada Inc. has announced the listing of three new low-cost Asset Allocation ETFs that give investors one-stop shopping to the firm’s globally diversified strategies. This is a significant move that not only creates a smart, low-fee, all-in-one portfolio but will also act as a challenge to the rise of so-called robo advisors.

What Happens To An RRSP, RRIF, or TFSA After Death/Savvy New CanadianDepending on how your registered accounts are set up, they may be treated differently when you, the owner or annuitant, dies. Ensuring you set up your savings or retirement accounts properly and writing a will should be part of your estate planning. And the sooner you get it done, the better.”

My Only Regret In Life: Speed To A Million/Dividends DiversifyAccording to a Fidelity Investment report, which reviewed over 15 million Americans who have accounts with them, they reported some interesting statistics. On average, women achieve the status of 401k millionaire at the age of 58.5. Meanwhile, the average man achieves this status at 59.3.”

10 best value places to visit/Lonely PlanetBest in travel 2018, Ten destinations to tempt frugal travelers”


Don’t wait for retirement to enjoy life !!


Best Home Renovations


The Home Renovation Industry

We all know what we see on TV isn’t real, but the amount of home renovation shows over the last decade has changed the way people think and their expectations about renovating homes. We are more educated about design, open interiors, and granite counter tops and let’s not forget about stainless steel appliances.

But over the years of watching TV, in my opinion people have unrealistic expectation of the renovation process. On any renovation show you might see a whole house renovated for $50,000 or a high-end kitchen installed for $25,000 and start to finished in a 30 min show. (amazing !!)

Financial side of home renovations

Total spending associated with residential renovations and repairs has more than doubled since the late 1990s to nearly $64 billion last year, or nearly four per cent of Canada’s GDP. Debt-rating agency Fitch estimates Canadian home prices are, on average, 20 per cent too high. If there’s a significant correction, or a crash, homeowners will not only be faced with both the declining value of their homes, but paying back tens of thousands to the bank on top of it—potentially leaving them on the hook for more than their homes are worth.

Before you commit to a renovation project, get a financial plan and look at your situation. Ideally you have the cash to pay in full, but most use a line of credit tied to the equity in their homes. The danger with a line of credit is it doesn’t require you to repay principal each month. “The banks often only requires interest and people fall under the assumption that they can manage the interest payments, therefore they can go ahead with the renovation. But eventually the principal has to be repaid.

Best investment for your home Renovation Buck

Obviously a renovation always sounds great, but your house on an average street doesn’t have to look like the 20 million waterfront house in the magazine. A $10,000 porcelain toilet for your bathroom in an average home is probably not going to be a good investment, nor is putting a $25,000 kitchen in a 20 million waterfront house. If it’s not up to the quality expected in the neighbourhood, don’t do it.” Also remember your new kitchen won’t be considered new unless you sell in the next couple years. Real Estate investing

If you’re concerned about resale value, stay away from personalized designs, bright colours. “Pick something relatively neutral for your countertops and cabinetry, and always think what a potential buyer would like. Although every expert seem to have different opinions on the best renovations for your money. here are just a few.

Some of the best home renovations for your money are:

1 Remodel kitchen
2 Adding additional bathrooms
3 Paint interior and exterior
4 Rental suites/ extra space
5 Basic updates/street appeal

Some of the worst home renovations for your money are:

1 In-ground pools
2 whirlpools/spa’s
3 Sunrooms
4 Expensive landscaping
5 Skylight replacement

This is Percentage recovered upon resale written by Style At Home

Kitchen upgrade: 75% to 100%
Bathroom upgrade: 75% to 100%
Interior painting: 50% to 100%
Roof replacement: 50% to 80%
Replacement of furnace or heating system: 50% to 80%
Expansion (addition of family room): 50% to 75%
Doors and windows: 50% to 75%
Deck: 50% to 75%
Installation of hardwood floor: 50% to 75%
Construction of a garage: 50% to 75%
Fireplace (wood or gas) 50% to 75%
Central air conditioning: 50% to 75%
Finished basement: 50% to 75%
Wood fence: 25% to 50%
Interlocking paving stones on driveway: 25% to 50%
Landscaping: 25% to 50%
Asphalt driveway: 20% to 50%
Pool: 10% to 40%
Skylights: 0% to 25%


Everybody knows the age-old story of wanting to keep up with the Joneses but choosing the right renovations and the correct contractor can make your renovation a success. Remember Location, Location, Location