The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Buy And Hold Never Gets Old
John Bogle, founder of the U.S. index fund giant Vanguard, defends diversification and the buy and hold approach to investing against a growing number of critics. Bogle is challenged in this video interview, but he makes his case well.
Family Finances And The U.S. Debt
The massive the U.S. government debt is illustrated here in the same terms a family might use to chart its income and expenses. Very scary.
Condo Buying Tips
Some things to look out for when buying a condo, including the status certificate. That’s a document spelling out things like monthly expenses and the condo’s reserve fund (important because it has a bearing on future costs for building upkeep).
Max Your Miles
Tips on getting the most from your travel reward points from THE expert on the topic, Patrick Sojka of the Rewards Canada blog.
Follow us on Twitter: @globemoney
Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, log in and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include: Business Ticker, a summary of the day's top business stories; Berman's Market Update, a summary of the markets at the open, noon and close; and All-Star Investors, a monthly collection of articles exploring an investing trend or theme.Report Typo/Error