Skip to main content

The Globe and Mail

Rob Carrick's Reader: Investing is like gambling? Not a chance

Jupiterimages/(C) 2006 Comstock 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.

Investing is like gambling? Not a chance

Investing in the stock markets may sometimes seem like gambling, but there's a world of difference. Here's some data from the U.S. market that shows how much worse the odds are for gambling.

Story continues below advertisement

Be careful out there

From time to time, readers ask me about non-traditional investment opportunities that revolve around mortgages and real estate. Some of these are quite legitimate, but my overall comfort level is low for investment products sold without a prospectus and full regulatory oversight. What can go wrong? Check out this two-part analysis of what happened at First Leaside Group, a vehicle for investing in limited partnerships that were mainly in the real estate sector. Here's Part One, and here's Part Two.



Cut your costs

Heres's an article for investment advisers that suggests ways they can cut the costs clients pay to own mutual funds. Print this off and take it to the next meeting you have with your adviser. A good conversation starter.



Homing in on savings

Tips from Consumer Reports on getting the biggest bang for your buck with home improvements.



More money

Story continues below advertisement

Join the 13,000+ 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.



Follow us on Twitter: @globemoney

Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, log in and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include: Business Ticker, a summary of the day's top business stories; and Berman's Market Update, a summary of the markets at the open, noon and close.

Report an error Licensing Options
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

Comments are closed

We have closed comments on this story for legal reasons. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.