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Carrick on money: As if you needed a reason to hate Toronto

The CN Tower and Rogers Centre illuminate the Toronto skyline on August 19, 2011.

Michelle Siu/The Globe and Mail/Michelle Siu/The Globe and Mail

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

As if you needed a reason to hate Toronto
All about how the high cost of living in Toronto leads to a state of financial anxiety where "you second-guess a second beer."

Here's one thing that could be getting cheaper in Toronto - luxury condos.

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Housing analyst Ben Rabidoux says here that it's difficult to see where a turnaround in the Toronto condo market will come from, in the short term.

The straight goods on investing
The Canadian Foundation for Advancement of Investor Rights, or FAIR, is an independent, non-profit agency that advocates for better treatment of investors. FAIR has just created an investor resources page on its website and it's well worth a visit if you're interested in learning more about topics like fees, fraud, leverage (borrowing to invest...bad idea) and financial literacy.

The squeaky wheel lets fly
The furniture store delivered the wrong couch to this blogger. Her attempt to get the store to make it right is chronicled here in a post called Know When to be a Squeaky Wheel.

Now for the risk of speaking out against a company you feel has wronged you. A man is being sued for $150,000 by his insurance company after he started a blog to draw attention to the insurer's tactics in dealing with a fire at his home.

Do You Need A Portfolio Checkup?
We're looking for people who would like an informal second opinion on their investments from an adviser and me. We'd love to hear from you if you're just starting as an investor, if you're well established as an investor or if you retired long ago and want some feedback on how you're doing. Small portfolios are welcome. Apply here.

More money
Join the 19,000+ people who subscribe to 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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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More


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