Welcome to The Globe and Mail ETF Buyer’s Guide – 2015 edition

First installment: Canadian equity ETFs. Coming up in the weeks ahead: Canadian dividend funds, bond funds, U.S. equity funds and international equity funds.

How renovation costs figure into house affordability

A lot goes into the calculation of whether you can afford to own a home, including renovations. Here are some examples of how much people are paying.

The Two-Minute Portfolio Kills in 2014...

…so why do I have such mixed emotions about it? Find out here.

Five ways to use your gas savings wisely

Thanks to falling gas prices, you’re saving money every time you fill up your car or truck. But are you actually saving it, or are you spending it like found money? Here are some suggestions on how to put those…

Should parents help their adult kids buy a house? It happens all the time

In this Carrick Talks Money video, I discuss the ins and outs of parents helping their kids afford a house with Toronto real estate agent David Fleming.

My 16th annual online brokerage ranking

Never have more storylines been packed into an annual Globe and Mail ranking of online brokers. Qtrade retakes the top spot after a two-year reign by Virtual Brokers, which dropped to the No. 2 spot by just a narrow margin….

What's worse than unpaid internships? Contract work with no benefits

I’m against unpaid internships, but the focus on them has allowed a worse problem to go unnoticed. It’s the proliferation of temporary contract work for young adults that doesn’t include workplace health benefits. Read here about the long-term cost of…

Financial literacy means knowing how to handle the banks

November is financial hypocrisy month. Officially, it’s financial literacy month. But banks and the investment industry are avidly participating in this initiative, and that’s a problem. On one hand, these companies are supporting programs that undoubtedly promote more rational spending…

Arise from the basement Gen Y. Your problems are finally being noticed

Earth to Ottawa, and all the provincial capitals: It’s tough out there for young adults who are graduating from college or university and trying to build a career. Luckily, Bank of Canada Governor Stephen Poloz has some helpful advice.

A reality check for millennials aiming to buy a house

It took just six words for a financial planner who thinks millennials are maxxed out on debt to demolish one young man’s plan to buy a house. “He’s dreaming,” Kurt Rosentreter said. “He can’t afford it.” Read more about it…

Troubling News on Mortgages

In this Carrick Talks Money video, I discuss a policy more and more lenders are introducing to limit your ability to benefit from an interest rate drop between the time to sign up for a mortgage and your closing date.

As markets plunge, it’s time to take stock

The bull market is dead, and it’s about time. Not necessarily the bull market for stocks. The markets looked panicky for a while there on Wednesday, but underlying conditions are nowhere near as dire as they were back in the…

Try it: The Globe and Mail Downsize Your Home Worksheet

The Globe and Mail Downsize Your Home Worksheet is designed to help people think through some of the financial considerations involved in selling the family home and moving to something smaller. Sure, there are lifestyle factors in deciding when to…

Ultimate investor guide for Generation Y: Part 2

Lots of ideas here for young adults on what to invest in, plus where and how to do it. ICYMI, here’s Part One of the Ultimate Investor Guide for Gen Y.

He’s 26 with $32,000 in savings. Here’s how he did it

Meet a guy who’s addicted to saving. He’s a 26-year-old Ottawa resident by the name of Rob Nettleton and he’s an example not just to his fellow members of Generation Y, but to anyone who wants to save money but…

Nine ways to power-save your way to a house down payment

Heroic savings measures are needed if you’re going to save for a first house in today’s expensive market. Here are some suggestions on how to power-save your way to a down payment.

Just over 42 per cent of Canada’s young people aged 20 to 29 lived at home with their parents, according to the latest census data. Can these members of Generation Y afford to move out on their own? This calculator…

The Real Life Ratio

In this Globe and Mail column, I introduce a new tool for helping people see if they can afford a house, as well as the other costs of everyday life. It’s called the Real Life Ratio and you can download…