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Flushing Money Down the Toilet

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

My investment's in the toilet
A Barrie, Ont., lawyer pays $5,300 for a toilet from the old Toronto Maple Leafs dressing room in Maple Leaf Gardens. It was a bargain - he was willing to spend $10,000.

Is financial literacy sinking in?
The jury is out on whether financial education helps people make better money decisions, a Harvard professor says in this Q&A.

Goodbye Florida, hello Spain
To help get its struggling housing market moving, Spain is proposing to offer a permanent residency to anyone who buys a house or apartment worth more than $200,000.

Test your cereal acumen
Can you identify these 20 breakfast cereals? A lifetime's heavy cereal consumption helped me score 19 out of 20.

More money
Join the 18,000+ people who subscribe to 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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