The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
How to spot financial infidelity
This video offers some signs your fiancée or spouse is cheating on you financially – through overspending, undisclosed debts or tax problems.
A smart list of things for investors to think about. Sample: “Understand the arithmetic of loss (a 10 per cent loss followed by a 10 per cent gain does not get you back to even).”
Dollar-cost averaging is a strategy where you invest money at regular intervals instead of all at once. Here’s an introductory overview of DCA and here’s a more advanced take in which finance professor Moshe Milevsky pretty much demolishes it.
New parents, new expenses
A personal finance blogger begins the journey here of tracking every cent he and his wife spend on their baby. Very useful info for parents who are expecting or just had a baby. This post came from a U.S. site – note the money being spent on medical care.