Favourite Links: Floor Food, the 6-Clothing Item Challenge, and the Downsides of owning REITs

The Downside of Owning REITs

If you're one of million Canadians who want to invest in real estate but don't want to become a landlord, Real Estate Investment Trusts (REITs) are one way to buy real estate without the hassle of dealing with tenants. But REITs are not a problem-free real estate investments. A Million Dollar Journey post this week discusses the downsides of owning REITS, including how REITs are especially vulnerable to downturns.

11 Reasons to Use a Real Estate Agent
Landlord Rescue this week provides solid advice for property owners weighing the pros and cons of trying to sell the property themselves, starting with an assessment of how much time you can invest in selling your property and how promptly you can return phone calls.



Why I hate the Credit Score - Redux

Personal finance guru Gail vaz Oxlade lists some of her peeves with the way credit scores work in this post, including how random checks of your credit usage can lower your score even if you pay all your bills on time and pay off your credit card every month.

Your Attitude About Money

Financial Highway has an interesting post this week about how we develop our attitude toward money. This can impact not just how we feel about the way we're using it. but how we use it. "Without understanding how you feel about money and where those emotions come from you will not be able to successful make changes to your financial life," the post notes.

Why You Only Need 6 Items of Clothing

Money guru Jean Chatzy accepts the challenge, which purports to save not just money but the time you save standing in front of your closet in the morning trying to figure out what to wear.


Floor Food

Do you ever drop food on the floor and pick it up to eat it? Captivate blogger Kate Scanlon this week has a funny post about the "science" behind when she will eat food off the floor.