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Carrick on money: Great news for millennials: Stocks are plunging

A pedestrian passes before a share prices board in Tokyo on October 2, 2014. Japan's share prices dropped 420.26 points to close at 15,661.99 points at the Tokyo Stock Exchange market, as a stronger yen and worries about the world economy dragged the Japanese market into the red.

YOSHIKAZU TSUNO/AFP/Getty Images

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

Great news for millennials – stocks are plunging
A sensible argument is raised here – with decades to go until retirement, young people should jump on every chance they get to buy stocks when they've fallen hard in price.

Index investing is winning the war
A video interview with John Bogle, a U.S. index investing pioneer, on why investors are increasingly embracing funds that track major stock and bond indexes. Interestingly, Bogle is not keen on exchange-traded funds. He prefers index mutual funds, which are much cheaper in the United States than Canada. For Canadians, then, ETFs are the best way to invest in indexes.

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Negotiate this perk for your next job
Introducing the "pre-cation," a paid break you take before you start a new job so you arrive fresh and energized.

How losing weight is like saving for your future
A blogger discusses the similarities between losing weight and managing a budget.

More Money
Join the 48,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998.Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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