The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Seven things the middle class can't afford any more
This is a U.S. list and it's presented here as context for assessing the Canadian middle class. The things listed as unaffordable for Americans don't seem to be such a problem here. Example: New vehicles. Canadians are buying new cars and trucks at historically high rates, although they're using seven- and eight-year loans to do it. Wait a second – maybe our middle class isn't so much better off.
Are you findependent?
Veteran personal finance writer Jon Chevreau has created a new website related to the theme of findependence, or financial independence.
Chevreau's the author of a new e-book called A Novel Approach to Financial Independence: How to reach your Findependence Day ... while you're still young enough to enjoy it
Low rates, sloppy investors
A few ways investors may be deluding themselves about how to manage their portfolios in an era of low interest rates.
Dividends provide downside protection
A fund manager argues that in choppy markets, dividend stocks fluctuate less in price. The key is to own stocks where the market believes the dividend is sustainable.
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