The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
And to think you could’ve had a Ferrari
The U.S. Department of Agriculture has estimated the cost of raising a child to age 17 at $235,000, which is roughly the same amount as you’d pay for a Ferrari.
Black swan insurance
The Canadian Capitalist blog looks at a new exchange-traded fund that is designed to provide protection against stock market declines caused by rare, catastrophic “black swan” events.
Calling all couponers
For several reasons, the best store for using your grocery coupons is Wal-Mart.
Countries rich in millionaires
A look at the countries with the most millionaires per capita, including Ireland, the United States and Qatar.
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