The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
My 25-Cents-An-Hour Job
Read about the results of an online experiment in which people around the world were asked how much they would charge to listen to an hour-long Richard Nixon speech and count the times a key word was mentioned. Three Americans offered to do it for 25 cents. Yup, the economy there is really starting to hum.
The U.S. And Us
It has been noted lately that the level of indebtedness in Canada has lately surpassed U.S. levels. Here are some dramatic charts that put this into perspective by showing the impact of our much healthier housing market. Of course, all bets are off if house prices here fall hard.
Catching Up With ETFs
On the occasion of the number of exchange-traded funds listed on the Toronto Stock Exchange crossing the 200 mark, the Financial Highway blog offers four key things to know about these increasingly popular alternatives to mutual funds.
Hold That Gold
Don Coxe, the noted commodities guru, said this about gold in his most recent note to clients: "Hold high exposure to gold and gold stocks—the bad news investments." Here's the Boomer & Echo blog on your options for holding gold.
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Rob Carrick