Brexit vote rocks the world’s financial markets + MORE Jun 24th

Learn, save, invest and prosper with My Own Advisor.
Welcome to my latest Weekend Reading edition where I share some of my favourite articles from the week that was.  With a consultant around the office this week along with my usual to-dos, I was busy and only managed to post one article – I suggested before you start investing do this stuff.
Any big plans this weekend?  We have a dinner date with family and some yardwork to do.  Other than that, I hope to hit the driving range and have a few cold pints on the deck.  The weather should be amazing this weekend and I can’t wait to enjoy it.  Best wishes and see you here next week.
Money We Have suggested you learn from others.
Dividend Ninja provide some advice on setting and achieving dividend retirement goals.
Larry MacDonald profiled Ram Balakrishnan, Canadian Capitalist in this column.
This Globe article answered the question should you trim your winners or let them run?  From the article: “So, while there are pros and cons to rebalancing, the ultimate goal should be to control your risk…

After the federal and provincial finance ministers announced the expansion of the Canada Pension Plan earlier this week, many were left wondering how much more they’d have to pay and how it would measure up to the boosted retirement income they’d receive.
To give us an idea of how much more Canadians will see siphoned off their paycheques and to determine the winners and losers of the plan, we worked with pension and retirement experts at Morneau Shepell to crunch the numbers and answer some of your burning questions regarding the new CPP.
How much smaller are my paycheques going to get?
Wait a minute! Before we dive deep, let’s clarify something: The following analysis is based on the projected “Year’s Maximum Pensionable Earnings” (YMPE), a figure defined by the Canada Pension Plan as the maximum cap for what is fair game to be “payroll taxed” by the government. That cap usually grows each year. The federal government also announced it would raise the salary cap so that higher-income earners would also contribute and receive more CPP…

Alberta Energy Regulator this week rolled out more stringent financial requirements for companies wanting to buy oil and gas assets

A man walks past a screen displaying currency exchange rates outside a brokerage in Tokyo, Japan, June 24, 2016. REUTERS/Thomas Peter – RTX2HWDB
SEOUL, Korea, Republic Of — World financial markets were rocked Friday by Britain’s unprecedented vote to leave the European Union, with stock markets and oil prices crashing and the pound hitting its lowest level in three decades.
The uncharted, unexpected path of a European Union without Britain sparked the sell-offs, with more jitters expected as global markets try to digest the shock result.
Governments in Asia vowed to take measures to stabilize the financial markets as panic gripped investors.
Tokyo stocks plummeted about 8 per cent, their biggest fall since 2008. Other Asian markets were set to finish the day with big losses.
Shocked investors were ready to dump British stocks as soon as the market opens at 0700 GMT, with futures for the benchmark stock index FTSE 100 tanking 8.3 per cent, and the pound, which trades 24 hours, already falling at one point to its lowest level since 1985…

Citi's economic surprise index for Canada is a solid leading indicator for the S&P/TSX composite, and three sectors in particular