The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
B.A. beat-down: What you get from a university degree
Young adults with university degrees are increasingly ending up in lower-skilled jobs, and that’s pushing out unskilled workers who don’t have a degree.
Debunking the myth of the materialist millennial
Young adults have a reputation for being focused on stuff like smartphones and clothes, but it turns out they’re actually sensible with money and scaling back expectations that they’ll have what their parents did.
Get the basics on bonds
A very good primer on understanding how bonds work. The section on yield to maturity is important to read if you’re under the impression that bonds or bond ETFs can give you a yield of 3 or 4 per cent.
Say a little prayer for Dionne Warwick
She’s filed for bankruptcy with debts of more than $10-million (U.S.). How did it come to this for the singer of such songs as I Say A Little Prayer? Read more here.
Now check out Aretha Franklin’s version of this song.