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 stress-free guide to downsizing your home
A thorough look at how to manage the process of downsizing. Did you know there are downsizing or relocation services that will manage the move for you?
Canada – housing bubble or not?
The information presented in this short video isn’t new, but it’s worth revisiting as prices in some cities keep rising.
How household debt crashed the U.S. economy
A look at a new book that argues that the last recession, as experienced in the United States, was caused by high levels of household debt, not shocks to the global financial system caused by the fall of investment house Lehman Brothers. Worth a read in light of our own high debt levels in Canada.
A guide to debt counsellors, debt coaches, consumer proposal administrators and bankruptcy trustees
The author is a licensed bankruptcy trustee, so you’re not getting a totally unbiased view. But there’s still some value here for people who are overwhelmed by their debts and aren’t sure who to turn to.
The trouble with high-yield bonds
They’re in such high demand in today’s low-rate world that issuers are getting away with adding fewer protections for investors in case of default. In other words, these bonds are getting riskier.
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