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Carrick on money: Retirees are still supporting their kids

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

Retirees still forking out cash to their kids
A U.S. survey shows that even parents old enough to have retired are still providing financial support to their kids. The concern here is that retirees are dipping into savings that they'll need later on.

Could the loonie fall further?
The Economist's Big Mac index attempts to show how under or overvalued global currencies are against each other. Here, you'll find the Canadian dollar is still apparently overvalued, even after a massive decline in the past year.

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Investing in rocks, trees and oil
Morningstar, the independent investment analysis people, convened a roundtable recently to discuss what's ahead for resource stocks.
Part One
Part Two
Part Three

Two stocks, two stories
A look at McDonald's as a boring dividend growth stalwart. And a blogger explains the risky decision to add a single share of Google to a small portfolio.

More money
Join the 35,000+ 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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