The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Talking With Teens About Money
A financial education expert’s tips on how to use your teen’s summer job as a way of teaching lessons about money management.
For Online Investors
If you’re an online investor, it’s time you checked out a new and upcoming website called Wikinvest. There’s the usual market data available here, plus a portfolio tracking service that, for U.S. investors at least, includes the capability of keeping track of what’s in your brokerage accounts. In fact, Wikinvest has a new service in the works called SigFig that will analyse your brokerage holdings and provide personalized help. Here’s a blog post about some nasty stuff uncovered by SigFig in one investor’s account.
Dead And Indebted
Statistics showing surprisingly high debt levels among retirees make this blog post relevant. It’s about how your credit card debt lives on after you die.
Closing Costs
The Give Me Back My Five Bucks blog presents a real-life list of the costs of closing a recent home purchase. Grand total: $3,073.23
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, login 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.
