The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Wealthy but weird
IKEA founder Ingvar Kamprad reportedly drives a 20 year old Volvo, recycles tea bags, and takes salt and pepper packets from restaurants. He holds down second spot on this list of the 10 most eccentric millionaires and billionaires.
Onward and upward for stocks?
No, says this blog post. Stocks aren’t cheap enough for a sustained rally, and there’s also the issue of an aging population that will increasingly be selling stocks.
This analysis says big trouble is coming for stocks – but not just yet.
Insurance as an investment
“Insurance does not increase your wealth…,” it says here.