The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Lego's been a better investment than stocks
Time's Money website says the value of Lego sets (in pristine shape) have risen an average of 12 per cent annually over the past 15 years. That beats gold or the stock markets.
Shouldn't mortgage rates be lower?
A mortgage broker explains why mortgage rates haven't fallen lately, even though there are financial market pressures that suggest cheaper borrowing costs.
About that obsession with home ownership
A woman from France wonders about the importance British people put on owning their own homes. We Canadians are just as obsessed about this. In France, she writes, "debt is considered a social disease."
Why we need bear markets
This Wall Street Journal article makes an important point about big declines in the stock market – they're part of the higher-risk, higher-reward nature of investing in stocks. Without bear markets, there would be no chance for bull markets and the kind of outperformance that makes us look at stocks in the first place.