The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
We Wish Like Hell We Had Never Bought This is must reading for young adults who are looking at buying a house. Here, a 32-year-old American explains his regret about the house he and his wife bought five years ago. Don't write this off as result of the U.S. market crash. No, this regretful homeowner talks about the financial drain of home ownership or, as he puts, it the "constant upkeep and expense."
Myth-Busting In The Housing Market Canada's own housing market has been strong enough over the last few years to prompt concerns that it's over-valued. Read here if you think high housing prices are justified by population growth.
The Secret Life Of A Broker A humorous look at the various views of what stock brokers do.
Problems With Pensions Many pension plans in Canada and the United States have been converted from defined benefit plans (your employer guarantees a certain level of income) to defined contribution plans (your benefits depend on the performance of your pension investments). Here, you'll find a depressingly negative take on DC pension plans that demonstrates how they are inferior to DB plans.
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