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For Rent signs outside of a apartment in Vancouver, British Columbia on June 23, 2014.

The Globe and Mail

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

Renting – the $700,000 mistake
This story about the preference of U.S. millennials to rent rather than buy a home is presented to highlight the incomplete math that is often used to make a case for ownership. With today's low rates, it's said to be cheaper to buy in U.S. cities than rent, even with insurance and property taxes. Not mentioned are the upkeep, maintenance and improvement costs that owners must pay. I'll be looking into the rent-ownership comparison in Canadian cities in an upcoming column.

Make your home smell like you're rich
Introducing a new line of fragrances to make your home smell like you have a staff looking after it.

Story continues below advertisement

The five best snow shovels
This Consumer Reports video looks at some popular designs and how well they work in different conditions.

Energy stocks for dividends
A look at the world's largest dividend-paying oil and gas stocks. Remember that the more oil prices fall, the harder it gets for these companies to sustain or grow their dividends.

More Money
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