The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Knocking the halo off dividend stocks
Investor advocate Dan Solin runs roughshod over some of the most cherished ideas about dividend stocks, including the one that says they hold up better in down markets.
The book on taxes when you invest internationally
The Canadian Couch Potato blog tallies up the cost of foreign withholding taxes when you own exchange-traded funds investing in U.S. and international markets.
The view from inside the mortgage penalty box
This blog post highlights the vastly different penalty calculations that lenders have for clients who want to break a mortgage. Don’t be shocked - the big banks have the most onerous penalties.
How a house and car drive spending
Half the money spent by Americans goes to houses and cars, this article from The Atlantic’s website says. High housing prices in many Canadian cities suggest we’re not much better off.