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Money matters

Carrick on money: The top 10 dumb things people say about pensions Add to ...

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 Top 10 dumb things people say about pensions
A good list from Susan Eng, VP of advocacy at CARP, formerly known as the Canadian Association of Retired People. I’ll add one to the list: Calling contributions to public pensions like the CPP a “payroll tax.” Savings are not a tax.

So you think you’re a contrarian
Yet another example of how investors fool themselves into thinking they’re smarter than they are.

Where Warren Buffet wants the money he’s leaving his wife to go
Bonds and an index fund tracking the S&P 500 stock index.

You can easily buy a low-cost exchange trading fund tracking this index. Check here for some names.

Big and thirsty
The worst gas guzzling vehicles of 2014.

More money
Join the 36,000+ 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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Follow on Twitter: @rcarrick

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