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Carrick on money: It turns out money does buy happiness

Rich man in luxury, wealthy.

Jacob Wackerhausen/Photos.com

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

It turns out money does buy happiness

New research shows that the more money people have, the happier they are. It refutes earlier findings that after a certain point, money stopped buying happiness.

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Tax changes brought to you by the fiscal cliff

As part of the resolution of the fiscal cliff, the U.S. government recently introduced the American Taxpayer Relief Act. Terry Ritchie, an expert on cross-border financial issues for individuals, has written a pair of articles explaining the impact of the new legislation on Canadians who spend time or have investments in the United States. The first covers estate taxes, the U.S. gift tax and issues for snowbirds.

The second article looks at taxation of dividends and capital gains, as well as other cross-border tax issues.

Goodbye bonds?

Expectations that interest rates will rise at some point has for a couple of years now prompted a lot of speculation about a great rotation of money out of bonds and into stocks. Will this happen in 2013?

Stocks to avoid in 2013

A list of 13 U.S.-listed. stocks that could pose trouble for investors this year.

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The best of Globe Investor

Globe Investor is highlighting some of the best features of our website with a feature called Globe Investor Tips.

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