Personal Finance Reader

Carrick's Reader: Dropping the hammer on housing

The Globe and Mail

(Roberto Marinello/copyright roberto marinello)

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

Dropping the hammer on housing

In this dissection of proposed new rules for mortgage lending, the Canadian Mortgage Trends blog argues that the federal banking regulator is getting too tough, too fast. “It's one thing to induce a measured housing correction (which is probably needed in some regions), but a policy-initiated free-fall is another matter.”

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Sanitizing history

The references here are all American, but the point of this article is spot on. You should be very careful about reading the three-year performance numbers for mutual funds, ETFs and stocks because they no longer include the dreadful results of 2008. The past three years have been outstanding for many investments, but that tells you nothing about what to expect looking ahead.





Can the iPad save you money?

This infographic shows all the household electronic devices you can replace with the new Apple iPad, including laptops, e-readers and digital cameras.



Bank on the yanks

The benefits of investing in the U.S. market from the perspective of British investors, who typically don’t put much of their money in American stocks.



More money

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