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Carrick on money: How to wean a spoiled kid off your chequebook

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

Proper care and feeding of your spoiled 23-year-old
Those poor, poor rich kids. Coddled by their parents, they can grow up to be "to be entitled, materialistic and unhappy slackers." Read here about how to prevent this from happening.

What matters on Wall Street
A long series of fascinating charts picked by leading Wall Street minds to show what's on their mind these days.
Here's an argument that we're in the third biggest stock market bubble ever.

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The case for emerging markets…
An argument is made here that emerging market stocks, shunned earlier this year, now have some room to run.

… and a case against high dividend yield stocks
A blogger argues that you should stick to blue chips stocks with lower yields and more capacity to grow as a business.

A fresh source of investing advice
All about the makeover at an old personal finance standby, Canadian MoneySaver magazine. Among the changes is an increase in the amount of information for DIY investors.

More money
Join the 47,000+ 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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