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 cult of the stock market is dead
Bill Gross, manager of the world’s largest bond fund, declares that decades-old belief that stocks can make double digit returns is coming to an end. “Equities have reached a dead end in terms of significant appreciation,” Gross says here. “Equities are still alive, but the cult of equities is dying.”
Back to school? Don’t lose your cool
10 tips for parents and university/college students on how to save money in the back-to-school rush. Cheap lunch ideas, plus ideas for budgeting and saving money on texbooks and more.
You, your house and retirement
Some options to consider if you want to keep living in your house in retirement, but also need cash to help cover your expenses. One of the ideas looked a here is the reverse mortgage, which I covered in a column not too long ago.
The best and worst global investments over the five years since the global financial crisis began. Gold did great; Greek stocks, not so much.