The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Adventures in Bondage
Whether it’s the U.S. credit rating downgrade or the government debt problems in Europe, today’s financial headlines are affected to a large extent by bonds. Once synonymous with safe, simple investing, bonds are increasingly complex and, in some cases, risky. Here’s an infographic that helps explains how bonds work. It’s focused on the U.S. bond market, but there’s plenty of good info on bonds in general.
Book Those Savings
Ten tips to help students save money on textbooks from the Squawkfox blog.
Card Costs in Canada
Did you know that when you use your credit card in another country, you pay a 2-per-cent surcharge on your purchase called a foreign currency fee? The Rewards Canada blog notes that some U.S. card companies are eliminating these fees and asks Canadian card issuers whether they play to follow suit. Blogs too seldom do this kind of reporting legwork.
Flying Economy
A very useful list of 10 travel blunders that can cost you money.
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