The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Low-cost investments for all
The exchange-traded fund is portrayed here as one of the world's great inventions and headed for mass acceptance. ETFs, for those who don't know, are low-cost index-tracking funds that trade like stocks.
Let's stop worrying about inflation
An academic argument that central banks should stop trying so hard to control inflation. This author presents a case that allowing inflation to rise to 4 per cent would limit the severity of future economic downturns without much downside risk.
The stock markets and U.S. cheese production
All about seeing patterns that aren't actually there to predict what's coming for the stock markets. The cheese production reference is a joke used by a U.S. finance prof who wrote a paper several years back titled Stupid Data Miner Tricks.
A history lesson on mortgage rates
The RateHub.ca website has created this useful online tool that lets you create charts of mortgage rates over the years. Very useful for people who can't visualize higher borrowing costs.