by Scott Ronalds
I’ve come across a few interesting articles over the past week that I thought were worth sharing.
Tech’s raid on the banks. This piece from The Economist looks at how digital services have transformed our lives over the past two decades. Industries from retailing to media to carmaking have been disrupted by scrappy new entrants. Yet, one industry has stood still: banking. Is it next?
How the new plant-based burgers stack up to beef. Meatless meat is taking North America by storm (we wrote about the trend the other week here), with companies such as Beyond Meat and Impossible Foods selling their plant-based products to the likes of A&W, Burger King, White Spot and Carl’s Jr. But what’s in these patties and are they healthier than beef? This CBC piece explores.
The $100 trillion question: What to do about wealth? Economic inequality is growing, particularly south of the border. This Washington Post piece looks at the distribution of wealth in the U.S. and just how gigantic the numbers are.
Why you’ll never invest in the next Big Short. Ben Carlson, an American portfolio manager and writer, looks back at one of the most profitable trades in a generation: betting against the U.S. housing market in 2007. If you’re looking for the next big short, Carlson suggests you forget about it.
How not to die with a big RRSP. Having an RRSP that grows too big is a nice problem to have. But it’s a problem for many investors nonetheless (for tax and estate reasons). This Globe and Mail article suggests some strategies to consider if you’re concerned about dying with too much money in your registered retirement account.
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