The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Money Changes Everything
Money secrets parents keep from their kids. Example: You’re not in the will.
Germany To The Rescue?
Michael Lewis, a lively and respected financial journalist (he also wrote the baseball book Moneyball), has written a piece in Vanity Fair on how Germany’s position as Europe’s pre-eminent economic power has put it at the centre of the continent’s debt crisis. A great read that goes far beyond dry economics.
Lewis’s article sets the stage for today’s disappointing news about how the German economy did in the second quarter of the year. Expect this to weigh on financial markets.
ETFs Kick Butt
A 10-year look at how Canada’s longest-running exchange-traded funds have performed. Quite an endorsement of the strategy of buying low-cost, index-tracking ETFs.
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