The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
What we can learn from insanely rich parents
A look at the parenting habits of the wealthy parents of New York.
The most flexible travel reward cards
The RewardsCanada website offers this list of the travel reward credit cards with the most flexible points programs. I interviewed RewardsCanada’s Patrick Sojka for this recent column on travel reward cards.
Toronto condos – should you buy or rent?
An online investment advice firm produced this analysis, which favours renting instead of building wealth by investing. This isn’t a neutral analysis – this firm benefits if you invest – but it’s well worth reading if you think a condo purchase is a wealth building move.
Banks don’t get millennials
The argument is made here that banks have not yet recognized that millennials have different life goals than previous generations.
One way millennials are different
In the United States, at least, today’s young adults are showing a marked lack of interest in buying houses. So where are they living after graduation? Often, it’s back with their parents.