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A "For Sale" sign stands in front of a home that has been sold in Toronto, Canada, June 29, 2015.Mark Blinch/Reuters

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Toronto is king of over-priced housing
All about an Economist report on global housing markets in which Toronto has the highest housing prices in relation to its rental rates.

Take the easy financial literacy test that thousands failed
This test was given to 150,000 people in more than 140 countries last year. Just 33 per cent passed.

He used his Amex card to buy a $170-million painting
Yes, you can do that with some American Express cards.

Risk and your investments
A primer on investment risk from the Investment Industry Regulatory Organization of Canada.

If you find this useful, check out other investor bulletins from IIROC.

More money
Join the people who are part of my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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