Personal Finance Reader

August, August - can't trust that month

The Globe and Mail

calendar with dates crossed out (Simon Battensby)

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

August is the cruellest month



It turns out that the current financial turmoil is not the only bad thing to have happened in August through history. Far from it.





The Cost Of Raising Kids

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The Canadian Finance blog takes a look at the cost of raising kids. What makes this interesting is the use of inflation-adjusted numbers in categories like food, clothing and recreation.

Food For Thought

In uncertain times like these, it pays to understand all points of view on what’s happening and where we’re headed. Here are a couple decidedly pessimistic views on what lies ahead for the global economy, the first of them an analysis by the German magazine Der Spiegel called Is the World Going Bankrupt? The second is a video called Who Killed Economic Growth, which advances the idea that we have borrowed too much and depleted our resources to a point where we will have to live without the economic growth we have come to expect and depend on.

I Love My Bond ETFs

An investing blogger explains why he’s happy he owns bond ETFs. They’re exchange-traded funds – mutual funds that trade like a stock – that hold bonds issued by governments and/or corporations.





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