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

Some of you are shockingly bad at investing
"The performance of the typical investor over [the last 20 years] is shockingly poor," a market strategist has written. Blame our tendency to let emotions rule our investing decisions.

Why you should never pick stocks again
The largest U.S. pension fund is questioning whether it's possible to achieve investing success by choosing individual stocks.

Investing fraud victimizes seniors

CBC reports on the conviction by securities regulators of an adviser whose "entire business was a fraud," according to securities regulators in British Columbia. The worst of it is that he convinced seniors to buy securities by taking out loans on their homes.

Finally, an honest stock market update…

The Motley Fool brings you this very amusing satire on nonsensical analysis one too often finds in daily reports on the stock market's ups and downs.

…and investment advice from a palm reader.

More Money
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