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Carrick best reads: How we got duped into believing diamonds are special

File #: 6230919 Diamond Ring White gold ring with a large princess cut diamond isolated on a white background. Very high resolution 3D render. Credit: iStockphoto (Royalty-Free) Keywords: Ring, Jewelry, Diamond Ring, Diamond, Engagement Ring, Wedding Ring, Gold, Gem, Jewel, Solitaire, Luxury, Shiny

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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.

Diamonds are B.S.
This blog post trashes society's views on the specialness of diamonds. This is a must-read if you're getting engaged.

Here you'll find a history of diamonds, including the story of how smart marketing forever linked diamonds and marriage.

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The only investment decisions that matter
Seven key principals to focus on.

Here's a fascinating take on investors and their wishful thinking about being able to achieve good returns without risk of loss. Catering to this dream is a growing market for "alternative investments" that are expensive and prone to disappoint.

Why children need chores
Kids have less time to do chores in today's busy world, but this Wall Street Journal article argues that helping around the house improves family relationships, and academic and career success.

Your stuff can kill you: How hoarding creates death traps
A huge fire in Toronto is used here to show how hoarding – which may be more common than you think – creates a fire hazard.

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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