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Personal Finance Reader

Why Warren Buffett doesn’t get gold

Globe and Mail Update

The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Why Warren Buffett Doesn’t Get Gold

In his most recent letter to shareholders of his holding company, Berkshire Hathaway, Warren Buffett was critical of gold as an investment. Here’s a rebuttal that politely suggests Buffett doesn’t understand gold’s benefits.

Inflation-Deflation Consternation

A look at what global investing data going back to 1900 tells us about the behaviour of bonds, stocks, gold and residential real estate in periods of deflation and inflation. As good an argument for diversification as you’ll find.

Grab Those CPP Benefits At 60, Or Wait?

Wondering whether to start your Canada Pension Plan benefits at 60 instead of waiting until 65? Here are some charts that show how the dollar benefits of waiting versus taking the money early. There’s data for 2012-2016 here.

Student Debt...Owed By Parents?

In the United States, student loan debt taken out by parents is growing faster than loans set up by students. While helping their kids, parents are endangering their own retirement.

More On Money

Check out my Facebook personal finance page for talk about personal finance and investing. By the way, I’m also on Twitter.

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.