The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
You making money, or not?
Securities regulators have announced new, much stricter requirements for the amount of information that investment companies must provide in client statements. Most importantly, investment firms must show personalized long-term reporting on how a client’s account has performed. Until the new rules take effect, here’s some help for investors in calculating their own portfolio rates of return.
-The PWL Capital rate of return calculator.
-A MoneySense magazine spreadsheet - read down in this article for a link.
-The Weigh House Investor Services return calculator.
How to find the right credit card
Here’s a useful roundup of the various online tools available to help you find the best credit card for your needs.
Catching up to the Americans
A graph estimating how global economic output per person will look 60 years from now in various countries. Canada comes out looking good.