Oct 252013
 

Thanks a Latte

For all of next week there will be free coffee being served at participating McDonald’s restaurants in Canada. You can see their Facebook page for more detail ๐Ÿ™‚ If you want to exploit other people’s caffeine addictions like I have, then consider investing in profitable coffee companies ๐Ÿ™‚

13-10-mcdcoffee

I bought shares of Starbucks and Tim Hortons earlier this year. On average these 2 companies have so far producedย over 30% return on investmentย since Iย blogged about buying themย in January. I hope some of you guys were also able to take advantage of that opportunity.ย I predict their prices will rise even higher going into 2014!

Growth Downgradedย 

A couple days ago the Bank of Canada pointed out that the country’s economy is growing slower than previously thought. It’s even considering to lower the interest rate. This changes everything for businesses. For the past couple of years, we’ve believed that rates could only go up. But now we realize that they could just as easily go down in the future. This is excellent news for investors like myself ๐Ÿ™‚

How can we benefit from this news?

  • First. Realize that this means borrowing to invest is now less risky than before because we know with relative certainly the cost of short term lending won’t be going up any time soon (exception being in the fixed rate mortgage market.) So personally I’m going to use more of other people’s money to hopefully accelerate my own profits.
  • Second, buy US assets. After the Bank of Canada announced this newsย my net worth increased by $400 immediately ๐Ÿ˜€ Why? Because I have $40,000 USD in American stocks, and the news brought the Canadian Loonie down by a whole 1% compared to the U.S. dollar. I have a feeling the $CAD will fall even more over the next 12 to 18 months. Since I calculate my net worth in $CAD, for every 0.25% weaker our currency becomes I’ll get an extra $100 for free ๐Ÿ˜€

The Panes of Building a Home

A young couple, both artists like myself in their 20s, had quit their jobs to build a home in the woods in West Virginia. They scavenged abandoned yard sites for building material and spent as little money as possible. Slowly but surely they built their dream home for only $500.13-10-glasshouse

They also claim their diet contains a lot of rice and beans, which is understandable since they purposefully quit working!ย But hey, good for them. I admire their creative passion and how they did something meaningful with their lives ๐Ÿ™‚ This is a great example of frugality taken to the extreme! But it’s not something I’d want to do myself.

Video of the Week

Pretty neat car commercial using optical illusions and special effects.

And here’s theย making of video.

โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”
Blog roundup โ€“ If you want something to read for the weekend, below are personal finance and other articles from around the web this week.

  • Seapotato from Savvy Shopping shares some details on where to get FREE comics!
  • Mashed Thoughts knows where all the cool events are this weekend in Vancouver
  • Planting our Pennies writes about ways to deal with fear
  • Write Your Own Reality shares his thoughts on using the lending platformย Prosper
  • J Money from Budgets Are Sexy just sold some of his websites for $50,000
  • Jessica from Mo Money discusses budgeting as a couple
  • My Own Advisor points out the blatant promotions by financial companies
  • My Financial Independence Journey blogs about his recent buy of Baxter International
  • Jeremy from Modest Money tells his stories from this year’s FinCon conference
  • My Money Design suggests some scary movies to watch for Halloween
  • The Asian Pear describes what makes Canada special
  • Mr. Canadian Budget Binder talks about the Canada-Europe Trade agreement
  • Passive Income Earner wonders if it’s better to invest or save

Leave a Reply

31 Comments on "Weekend News and Blog Roundup – Free Coffee"

Notify of
avatar

agentfang
Guest
agentfang
10/25/2013 7:30 am

Thanks for the heads up on the free coffee. One time, I just walked up to the counter and ordered a small free coffee w/o ordering anything else. But I’ve paid my fair share at MCD many times before. Nice to get a freebie treat once in a while ๐Ÿ™‚ Good job on SBUX and THi. Too bad I sold out SBUX last year, maybe time for me to jump on the THI train for the long run.

writing2reality
Guest
10/25/2013 7:31 am

Thanks for the mention, and love the Honda video! ๐Ÿ™‚

Mrs. Pop @ Planting Our Pennies
Guest

I’m curious about how the new Teavana cafes will go over and impact SBUX’s bottom line. For your sake, I hope well… but our local teavana is usually empty every time I walk by. =)

Did you make it to FinCon this year?

Mashed Thoughts
Guest
10/25/2013 1:45 pm

Thanks for the mention there! Those are some good links. Started following some new PF blogs! Thanks for sharing!

Great job on the coffee stocks! I might have contributed to your profit (Starbucks drinker!) ;P

Mark @ myownadvisor (@myownadvisor)
Guest
Mark @ myownadvisor (@myownadvisor)
10/25/2013 4:31 pm

Wow. Helluva reading list. I love McDs coffee ๐Ÿ™‚

Have a great weekend and thanks for the mention man,
Mark

Karen
Guest
10/25/2013 4:33 pm

Thanks so much for the mention. I have been keeping my eye on Starbucks lately in terms of my next stock purchase. I don’t have any US stocks in my portfolio at the moment. I sold them to help with the down payment on the house. :S I hope to purchase some SBUX before the end of the year though. They are definitely a lucrative company.

Jessica Moorhouse
Guest
10/25/2013 5:00 pm

Thanks for the link love! And man, I could so not live off of rice and beans. Never gonna happen for me, but good for that couple for being the ultimate frugal folk!

Laura / No More Spending
Guest
10/26/2013 12:00 am

Thanks for the link round up – I missed the story about the young couple.

Canadianbudgetbinder
Guest
10/26/2013 4:23 am

I’ve stopped going to Tim Horton’s for coffee and only go to McDonalds because it tastes like coffee. Timmys has done something to the coffee and it’s so weak now. I think with the intro of the expresso shot they weakened it so they can get better marketing power for the es.. I dunno but i can’t stand it anymore. Thanks for the heads up on the free coffee!

Kevin Watts
Guest
Kevin Watts
10/26/2013 8:03 am

My wife loves McDs coffee. Enjoyed the video. Great post!

The Asian Pear
Guest
10/26/2013 10:22 am

Thanks for the link love. Also… REALLY cool commercial. Although, now I have a slight headache from watching. Haha.

MyMoneyDesign.com
Guest
10/26/2013 5:38 pm

Thanks for including me this week!

Simon @ Modest Money
Guest
10/26/2013 11:31 pm

You gotta love investing…sometimes the gains might sound all semantics, but they are real! Sounds like the time to seriously shore up investments exploiting other people’s funds.
The couple…certainly living the dream, quite inspiring too!
Appreciate the mention.

Dividend Gamer
Guest
10/27/2013 3:34 am

Thanks for the mention!

Jon Haver
Guest
10/27/2013 6:32 am

Wonderful video. Enjoyed watching it.

Renรฉe (@nickelbynickel)
Guest
11/18/2013 12:55 pm

thanks for the linklove ๐Ÿ™‚

wpDiscuz