September 22, 2007, 7:00 am

Financial Ramblings

by: The Financial Blogger    Category: Financial Rambling
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After six weeks being a stay-at-home dad, I finally got back to work last Wednesday. Things seem a bit different once you left the work force for that long! I had a great opportunity to take a month an a half to take care of my family. The parental leaves is one of the best things that was created in my Country! (Canada). When I came back on my first day, I noticed how people are stressed and focus on their (marathon) life. They look like they were training for the next Ironman Challenge! All this to say that it is good to take some time off and look at your life.

Hockey is back!

I’m a big hockey fan and the training camp started a week ago. I am preparing my line up for my hockey pool. It will be a great challenge as I finished first last year. Everybody wants a piece of me!

Achievements for Thefinancialblogger.com

I reached two major milestones this month. First, I am proud to announce that my average number of visits per day broke the 100. In fact, since the beginning of September, I am averaging 115 visits a day even with lower weekends. The second milestone was my RSS Reader. We now have more than 100 subscribers at thefinancialblogger.com full RSS FEED. I want to thank all my reader as you are my number one source of motivation. It is a great feeling to realize that people like what you write. As you may figure this out, blogging requires a fair amount of time. Having so many people commenting and reading my stuff is an awesome reward!

FED drops their rates

Is this purely related to the subprime lender crisis? Or the Fed simply wants to smooth up the economy as the overall consumer’s confidence is drifting away? One thing is for sure, the Canadian Dollar has great chance to reach parity to the US Dollar with that announcement. I think it is the time for Canadians to buy US stock. Our economy is too centralized into resources and financial services, I don’t think we will keep up like this in the future. For my US readers, I would say that you have a second chance to look at your finance and get the best rate possible for a long time. I don’t think the FED will be able to keep rates that low for long.

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Carnival picks

This week, I participated into three carnivals. The Carnival of personal finance was hosted by (the courageous) Golbguru at thetaoofmakingmoney.com. There was 88 entries for this week! My friend Blain hosted The Festival of Stocks at stocktradingtogo.com. Blain recently changed his design, which reminds me that I have to do so later on this year! Finally, NCN hosted The Festival of Frugality at nocreditneeded.com. Here are my favourite 3 posts (one of each to be fair):

#1 Accepting Financial Responsability by onemillionandbeyond.com. Too many people think that they are just full of bad luck… I think this is full of b…. ;-)

#2 Investing in the stock market using these investments style by thedigeratilife.com. I know, I refer a lot to The Silicon Valley Blogger but I can’t help it, she’s one of my favourite.

#3 Romance is free by savingadvice.com. I like to be reminded once in a while that the most important things in life are free.

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Comments

Thanks for the link… the countdown to hockey season is on. I’m curious how Crosby will do this year.

The American inflation report (http://www.inflationdata.com/Inflation/Consumer_Price_Index/CPI.asp) for August shows they were running at about 2%. Yet they cut 50 basis points! My bet is on this being purely a play to bail out subprimes.