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Personal Finance Reader

Steer clear of a used car lemon Add to ...

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



Driving A Hard Bargain



In the frugalocracy - that's what I call arbiters of proper frugal behaviour in the blogging world - one of the most basic principles is that you buy your cars used, not new. We have one car we bought new and one we bought used, so I'm agnostic on this. But let's remember the risk that the used car you're buying is actually a used-up car. That's what made the person behind the Boomer and Echo blog buy a new car recently, even if the frugalocracy may disapprove.

More related to this story







More on cars - save money on gas with low-rolling-resistance tires.

























































Dividends Deluxe



The wonders of dividend-growth investing, where a company increases its dividend payouts to investors on an annual basis. The example used here is one of the all-star global dividend stocks, Johnson & Johnson.











Investing in Rental Real Estate



How to make a smart investment in a rental property.









Best Brokers



Here's my 12th annual ranking of online brokers, along with lots of extras like comparison charts for stock-trading commissions, foreign-exchange costs and customer satisfaction.











































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 Trade by Numbers, a monthly collection of articles exploring an investing trend or theme.

Follow on Twitter: @rcarrick

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