The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
The no-sales, no-guff guide to retirement saving
The accountant behind The Blunt Bean Counter blog has written a six-part series to help people determine how much money they need to retire. This is a great analysis of some widely used retirement planning theories and variables. I particularly like that it’s from an accountant and not a financial firm with products to sell. Here are parts one through five (scroll down to find Part One), and here’s the final instalment.
So much for buy low, sell high
A dividend investing blogger writes here about how he doesn’t pay much attention to this basic rule of investing. In fact, he’s bought quite a few stocks trading near their 52-week highs.
Should you borrow to invest?
Here’s a useful fact sheet on borrowing to invest, or leveraging, as they say in the investment industry.
Call me a huge leveraging skeptic. I outlined my reasons here.
Is more golf your retirement vision?
Some insights here on how important it is to think about what you’ll do in retirement, not just how you’ll pay for it.