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The Globe and Mail's Smart Money section is dedicated to giving you what you need to manage your personal finances successfully. Smart Money appears every Saturday in The Globe and Mail and on globeinvestor.com.
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You'd think the widely held, big equity funds would be good performers, ROB CARRICK says, but our survey shows it's not always so
In the mutual fund industry, you don't have to be good to be big.We have looked at 25 of the most widely held Canadian equity funds and found that it would be a serious mistake to assume that a big fund is a good fund.
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A weekly scorecard of some of the lowest and highest rates and yields across Canada.
MORTGAGESThe lowest rates posted for one, three and five year closed mortgages.1-YEAR CLOSED PACE Savings and Credit Union3.75Ukraine Credit Union 3.79ING Direct3.8Ontario Civil Service CU 3.8Metro Credit Union 3.89Average rate4.673-YEAR CLOSED ResMor Trust 4.69Alberta Motor Assoc4.7Citizens Bank of Canada4.7DUCA Financial Services4.7GMAC Residential Funding 4.70Average rate5.47
The Union newspaper in Grass Valley, Calif., reported on June 25 that a man called the police, after hearing someone screaming and discovering a woman lying in the street. When the man asked the woman if she was all right, she started yelling at him, ran inside a residence, and appeared to be smashing things. When the police contacted the woman, she said that she was just having an argument with herself.
Forget about that Yoda mask you bought for $5 in the 1970s, that too-tight Spider-Man outfit or that atrocious witch costume you picked up at a garage sale.
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A selection of this week's winners and losers compiled by JOHN HEINZL
STARSGoogle 190.64, up $18.21 $USGOOG - NasdaqGoogle's shares are up per cent from their $85 IPO price in August, giving the Internet search engine a market cap of, oh, about -billion -- more than McDonald's or Anheuser-Busch. Investors might want to Google the phrase ''irrational exuberance.''