Young adult living at home with parents
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Thirty financial milestones to reach by age 30
Number One on the list is a sign of the times for sure: Financial independence from your parents.
Gen Y and the stock market
A smart analysis of how much exposure young investors should have to stocks. Conventional wisdom says a lot of stocks, even all stocks, is fine because 20- and 30-somethings have decades to go until retirement. But some experts question whether young people can tolerate the risk of having a portfolio heavy on stocks plunge in a bear market.
More commentary suggesting young people are right to be skeptical about the stock market.
A tongue-in-cheek letter from the stock market to millennials: "Let's be friends."
Own a home? No thanks
Home ownership among Americans age 35 to 44 has fallen sharply, a trend that bears watching here in Canada. As prices creep ever higher in some cities, affordability challenges will persuade more young people to opt out of home ownership.
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Rob Carrick