Personal Finance Reader

Where renting beats buying (and it's not even close)

The Globe and Mail

For rent sign in this undated file photo. (iStockphoto/Jay Spooner/iStockphoto/Jay Spooner)

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

Where Renting Beats Buying (And It’s Not Even Close) A U.S. finance professor looks at 250 properties across the country and finds that renting was a better bet than buying in each and every case.

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The Mortgage Penalty Box A look at how mortgage penalties are calculated, and how the numbers differ widely between lenders.



Penny Auctions: What You Should Know Two critical takes on penny auction websites like Quibids, which was mentioned in a Reader edition last week. The problem is how quickly your costs can grow when you use this type of website. Here’s one, and here’s the other.



I’d Like My Investing Fees Hidden, Please At look at why we feel more comfortable with investments that bury fees, rather than paying fees up front. As this blog post correctly argues, it’s how much you pay in fees that matters, not how you pay them.



The Chopping Block Check out the heated debate on my Facebook personal finance page about the best way for governments to get their finances under control. By the way, I’m also on Twitter.



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