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Carrick on money: Why your kids will be poorer than you

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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.

Why your kids will be poorer than you
It's the low productivity growth in the Canadian economy, a top executive at Deloitte Canada says in this Q&A. The result is weak income growth for all but the wealthiest Canadians.

How good is your mutual fund company?
The investment analysis firm Morningstar has issued its 2012 stewardship grades, which measure how investor-friendly fund firms are in the way they do business.

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The $26,000 lemon
CBC's Marketplace TV show looks at how hard it can be to find help from dealers and manufacturers when your new car or truck turns out to be a lemon. Featured in this segment is a family with a Dodge Journey that began randomly stalling one month after purchase.

Rich dad, bankrupt dad
A company associated with Robert Kiyosaki, author of the widely read personal finance book Rich Dad Poor Dad, has declared bankruptcy after losing a court case.

More money
Join the 17,000+ 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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