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Carrick on money: Those sponging baby boomers

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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.

Those sponging baby boomers
"Boomers have lived a charmed life, easily topping previous generations in income earned at every age," The Economist says in this report on generational tensions that may emerge as boomers hit their retirement years.

A realtor speaks out
A Toronto real estate agent responds to my column from last week on why Gen Y should keep renting to build a home downpayment, even if rents aren't cheap in some cities. He seems to think prices will keep going higher indefinitely. I don't.

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Stocks and bonds, united
How a mix of investments generated the best returns over the past several years, not a bet on either stocks or bonds.

The dope on gold
A well-reasoned essay on why having some exposure to gold in your portfolio makes sense.

More money
Join the 17,000+ 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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