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Rob Carrick's Reader: How being a Leafs fan is like investing in mutual funds

How are the Maple Leafs just like bad mutual fund managers? They both underperform and yet we still stay loyal, says one blogger.


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

How being a Leafs fan is like investing in mutual funds

A blogger compares the ineptitude of the Toronto Maple Leafs and some mutual fund managers, and wonders why we stay loyal.

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Rings and things

Personal finance expert Ramit Sethi asks readers of his blog how much a man should spend on an engagement ring. He primes the discussion by prompting people to consider how it is that diamonds have come to be considered a luxury good.

Desperately seeking retirement insurance

A smart, easy to follow summary of how the federal government took a wrong turn in addressing the fact that many Canadians don't have a pension plan to help fund their retirement.

Bubble spotting

National Public Radio in the United States takes a look at our housing market and funds a buyer who exemplifies the bubble environment. He's just bought because he's worried prices will keep going up indefinitely.

More money

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Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, log in and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include: Business Ticker, a summary of the day's top business stories; and Berman's Market Update, a summary of the markets at the open, noon and close.

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