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 case of the hoodwinked hockey player
Former all-star NHL defenceman Bryan Berard is among a group of pro athletes and others who lost millions of dollars in a massive financial scam.
The American dream is dying
Historian Niall Ferguson writes about how social mobility – the opportunity to get richer – no longer offsets income inequality between rich and poor in the United States.
If you’re curious about how w e’re doing here in Canada, check out this sobering report about middle class income stagnation.
An investment writer reviews the recent history and outlook for RioCan Real Estate Investment Trust, which has been steadily paying income to investors for 20 years.
Fighting bond complacency
Investors often believe they’re better off owning individual bonds instead of bond funds at a time of rising interest rates, and there definitely are some benefits. But, as outlined here, there are also some risks in buying your own bonds.