The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
How to set up a doomsday portfolio
Some thoughts on how to protect your portfolio if the U.S. government defaults on its debt. This Reuters article appeared before the last-minute agreement to keep funding government operations, but it remains relevant in light of the fact that the deal lasts only until early February.
Money spoken here
Fun and games
This infographic looks at the financial aspects of owning video game systems like Microsoft’s Xbox One and Sony’s new PlayStation 4.
After the flood
This article from a website for insurance brokers provides some perspective on the rising number of flooding-related home insurance claims. A point made here is that the industry needs to do a better job of encouraging people to take steps to prevent flooding or limit the damage when it does happen.