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Housing prices, to downsize, mortgages

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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 paying off a mortgage beats investing
A blogger explains how he paid off his mortgage, and why he thinks it was a better use of his money than investing.

The case for paying down debt ahead of investing is also made here. The rationale: Debt repayment is a guaranteed return on your money.

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Even law school grads can't find work
The New York Times reports that 20 per cent of U.S. law school grads from 2010 are working in jobs that don't require a law licence.

Job prospects for young lawyers are similarly challenging here in Canada, this Globe story shows.

When it's worthwhile to splurge on baby gear
A mom buys some premium baby gear and reports on what was worth the cost.

More money
Join the people who are part of my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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