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 secret history of gold
Expecting gold to turn things around after its recent plunge? Check out this data on a 465-year bear market for gold.
The case against –and for – indexing
Some contrarian thoughts on index investing, where you buy low-cost exchange-traded funds or index mutual funds that track established stock and bond indexes. There’s lots to recommend indexing, and none of these points demolish it as a strategy. Still, it’s good to understand its weaknesses as well as strengths.
Here’s an endorsement of indexing from a surprising source – convicted fraudster Bernie Madoff.
What to talk to your partner about before marrying
This thread on the Reddit website covers money and lots of other stuff you may not have thought of, like holiday expectations and how to handle the in-laws. Kind of off the wall, but a worthwhile read.
Gen Y confidential
T en secrets of the millennial generation. Forget Occupy Wall Street, it says here. These kids want to be rich.