The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
The $2,400 winter jacket
It’s puffy, it’s shiny and it comes from the German firm Bogner. For an extra $300, add raccoon fur trim for the hood.
Buy stocks, not bonds
There’s a growing sense among even bearish analysts that bonds have nowhere to go but down, while stocks look good from a long-term perspective. Stocks have come a long way in the past several months, which explains the thinking that waiting for a pullback before buying makes sense.
The lessons of Apple
All about the dangers of investing in high flying stocks like Apple. Better approach: Buy the entire market through an index investment like an ETF.
High yield, low appeal
High yield bonds have been a very popular choice for investors looking for higher yields than they can get in government bonds or GICs. What’s the outlook for high yield? “Below-average returns with above-average risks,” according to analysts at Morningstar.