My name is Mark Goodfield. Welcome to The Blunt Bean Counter ™, a blog that shares my thoughts on income taxes, finance and the psychology of money. I am a Chartered Professional Accountant. This blog is meant for everyone, but in particular for high net worth individuals and owners of private corporations. My posts are blunt, opinionated and even have a twist of humour/sarcasm. You've been warned. Please note the blog posts are time sensitive and subject to changes in legislation or law.
Showing posts with label globe and mail. Show all posts
Showing posts with label globe and mail. Show all posts

Tuesday, June 12, 2012

The Blunt Bean Counter noted in The Globe and Mail

Thanks to Preet Banerjee for referencing me today in his Globe and Mail column. His column today is titled "Share your family fortune now to reap the rewards". Preet is a well-known financial expert, who writes a column for the Globe and Mail, is the money expert on the W Network and is the blogger behind the blog WhereDoesAllMyMoneyGo.com. I am not sure if he still has another real job :)

I would also like to give Preet props for participating in my Bloggers for Charity initiative, in which he raised $5,000 for charity. He is obviously an altruistic financial guy; yes, I know that term is usually an oxymoron.

This is the fifth time that I know of, that one of my blogs has been at least in part an inspiration for a newspaper column. Preet's column today quoted from my blog "A Family Vacation- A Memory worth not Dying for". Personally, it is self-satisfying when my blogs provide an inspirational thought or idea for others, given the time and effort required to create many of the blog posts.

I am particularly pleased that only one of the inspired newspaper columns has been an income tax based article. I look at my income tax blogs as loss leaders. I write income tax blogs since they show a professional competence (or incompetence) and they fill an information void since I think there is only one other mainstream blogger (Canadian Tax Resource) doing such that I am aware of. 

However, what I really enjoy writing are my blog posts on how money and finances impact families, relationships and the psyches of individuals. After 25 years of practice as a CA, I have seen most of what is to be seen in that regard, so I write from a perspective of experience.

Since I have severe restrictions on site advertising as a Chartered Accountant, I am not blogging for financial gain (although I do get the occasional client from my blog), but mostly because I enjoy doing so and as such, I appreciate it when columnists such as Preet, Roma Luciw, Rob Carrick and other financial bloggers, most notably Boomer & Echo, Canadian Capitalist, Big Cajunman, Michael James, Jim YihMy Own Advisor and Money Sense Online appreciate my blog posts whether as an inspiration for a column or as a recommended read. Thanks!

The blogs posted on The Blunt Bean Counter provide information of a general nature. These posts should not be considered specific advice; as each reader's personal financial situation is unique and fact specific. Please contact a professional advisor prior to implementing or acting upon any of the information contained in one of the blogs.

Wednesday, September 21, 2011

Happy Anniversary to Me

I posted my first blog “Let’s See Where This Goes” on September 20, 2010. One year later I am still blogging away, with some people other than my family reading.

In looking back at my first year, my first break was when Seeking Alpha asked if they could publish Resverlogix: A Cautionary Tale, a blog I posted in late November 2010. Seeking Alpha published this blog in January 2011.

I was also fortunate to be recommended by such noted bloggers as Larry Macdonald, Ram Balakrishnan the Canadian Capitalist, Jim Yih of the Retire Happy blog, Michael James and Mike Holman of Money-Smarts. In addition, Jim was kind enough to provide some initial guidance and Tom Drake of the Canadian Finance Blog and Money Index provided some savvy technical advice. None of these bloggers needed to consider my blog or help me in any way, but they did and I appreciate it.

In addition, the Globe and Mail has also contributed immensely to the growth of my blog. Rob Carrick has mentioned me numerous times in The Reader and Dianne Nice and Roma Luciw have been kind enough to feature me in their columns. I would like to thank all of them for being receptive and willing to listen to some of my ideas.

Finally, I am flattered to have been asked to write guest blogs for Jim, Ram and Boomer and Echo.

Since several of my blog topics are income tax related, the blogs can sometimes be somewhat complex. I have attempted to simplify these topics and explain in non-technical terms where possible, and I hope I have made some of these more complex topics understandable to my readers.

I also strive to write original pieces where possible. Although very few topics are original to financial bloggers, I always write my blogs first, and then check to see what was written previously. In this way I at least sprinkle my blogs with some originality. I have received a few emails complementing me on the original nature of many of my blogs, which reinforces my desire to continue using my current technique. In addition, the Confessions of a Tax Accountant blogs that I posted during income tax season received some kudos for the originality of the concept.

I marvel at some of the aforementioned bloggers who blog three, four and five times a week. I don’t know where they find the time, let alone the constant flow of ideas to write so many blogs. I have settled on generally posting two blogs a week. I do however, have some concern that the income tax blogs have a finite topic list. I also wonder how long I can continue to come up with something useful to say on money, the psychology of money, families and estates and business, all of which I find more enjoyable to write about than income tax.

So as my first year of blogging comes to an end, I would like to once again thank all the people I have noted above, my marketing manager Lisa, who reviews all my blogs and most importantly, my regular readers.

The blogs posted on The Blunt Bean Counter provide information of a general nature. These posts should not be considered specific advice; as each reader's personal financial situation is unique and fact specific. Please contact a professional advisor prior to implementing or acting upon any of the information contained in one of the blogs.

Tuesday, September 20, 2011

Holy Black Sheep Batman

There are sheep all over the Globe and Mail today. Thanks to Roma Luciw for referencing me in her column today, Baa baa black sheep, are you in the will? Roma’s insightful column discusses estate planning for the Black Sheep child. This is often a very sensitive issue within families and requires one to navigate the family dynamic, estate and tax planning.

Roma the web editor of the Globe Investor personal finance site, also writes a weekly column on personal finance issues in the Globe and Mail. In addition, she is also one of the contributors to Home Cents which provides expert tips on how to make money and save money.

I will have a blogs on Estate Planning for the Black Sheep Child and How your Family Dynamic can affect your Estate Planning next week.

The blogs posted on The Blunt Bean Counter provide information of a general nature. These posts should not be considered specific advice; as each reader's personal financial situation is unique and fact specific. Please contact a professional advisor prior to implementing or acting upon any of the information contained in one of the blogs.

Tuesday, July 5, 2011

The Blunt Bean Counter noted in The Globe and Mail- Nine expenses you underestimate

Thanks to Roma Luciw for referencing me in her column today, "Nine expenses you underestimate" in the Globe Life Money Section, page L4. Roma, the web editor of the Globe Investor personal finance site, writes an insightful column on Monday in the G&M on various personal finance issues. She is also one of the contributors to Home Cents, which provides expert tips on how to make money and save money.

Roma’column today touches on budgets and underestimated household expenses. Although a mundane task, budgeting and tracking expenses is not only necessary to ensure you have enough money to pay your bills, but it is also the starting point for savings.

The blogs posted on The Blunt Bean Counter provide information of a general nature. These posts should not be considered specific advice; as each reader's personal financial situation is unique and fact specific. Please contact a professional advisor prior to implementing or acting upon any of the information contained in one of the blogs.

Saturday, February 12, 2011

The Blunt Bean Counter Profiled in The Globe & Mail- Me and My Money


Thanks to Larry MacDonald http://blog.canadianbusiness.com/category/larry-macdonald/ for profiling me in today’s Globe and Mail - Me and My Money column

I am sure no one will confuse me with Warren Buffet or Peter Lynch. My investment style has taken me up and down like a toilet seat and has increased the sales of Pepto Bismol in Canada. But I am no worse for wear. I went for the fences a couple times, with my eyes wide open and willingly accepted the consequences of doing such.

The blogs posted on The Blunt Bean Counter provide information of a general nature. These posts should not be considered specific advice; as each reader's personal financial situation is unique and fact specific. Please contact a professional advisor prior to implementing or acting upon any of the information contained in one of the blogs.