Weekend reading: insurance after divorce, secret investing formula, and more

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Hi and welcome to weekend reading, where we share some of the best posts we read over the past week. We hope you enjoy them as much as we did. If you haven’t already, please consider following us on TwitterFacebook, and Google+, where we share the latest in personal finance, debt, retirement, insurance, tax and investments.

Insurance

Here at AAFS Insurance, we looked at the disability insurance elimination period, which is the length of time that must pass in a disability before benefits begin to be paid.

Brighter Life talks about the types of risks that you’re exposed to after a divorce, and what types of insurance you need to protect against these risks.

Personal Finance

Mark at My Own Advisor lists 10 savings and investing truths. Although they won’t guarantee financial freedom, following them will put the odds of achieving it in your favour.

Although the TFSA contribution limit was recently increased to $10,000 annually, a third of Canadians polled won’t be able to take advantage of this new amount.

Investments

Steadyhand Funds warns investors of the love affair with short-term results. Although it’s easy to become enamored with short-term returns, having the right process and philosophy for creating wealth long-term is much more important.

Steve at Kapitalust writes about Charlie Munger’s secret investing formula. As one of the world’s most successful businessmen, his secret formula was actually simply to spend less than what you make.

We hope you enjoy the reads this weekend and be sure to check back next week for a new post. Subscribe to our weekly newsletter on the right side of the page so you don’t miss a single post.