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Carrick on money: IKEA’s Ingvar Kamprad is just one eccentric multi-millionaire

Louie Palu/The Globe and Mail

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

Wealthy but weird
IKEA founder Ingvar Kamprad reportedly drives a 20 year old Volvo, recycles tea bags, and takes salt and pepper packets from restaurants. He holds down second spot on this list of the 10 most eccentric millionaires and billionaires.

Onward and upward for stocks?
No, says this blog post. Stocks aren't cheap enough for a sustained rally, and there's also the issue of an aging population that will increasingly be selling stocks.

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This analysis says big trouble is coming for stocks – but not just yet.

Insurance as an investment
"Insurance does not increase your wealth…," it says here.

More money
Join the 28,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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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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