The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Buried by bonds: The too-conservative investor
You’d expect an all-bonds portfolio to earn less than one with stocks, and long-term data certainly bears this out. But it says here that there are risks to holding only bonds.
Shooting down the helicopter parents
Studies show that the more parents spend on a child’s post-secondary education, the worse the grades earned by the child are. Also, the more heavily involved a parent is in a child’s post-secondary education, the less satisfied kids feel with their lives.
Your insurance needs
Think you may need life insurance? Here’s a good rundown on the various options available.
Gen X has problems, too
I’ve written a lot about the financial challenges faced by Generation Y, which includes people in their 20s and early 30s. This article says people in the next oldest demographic group, known as Gen X, have some retirement savings issues.
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