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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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A fund down on its luck can be more rewarding than the latest stars, ROB CARRICK writes
If you want to become a better mutual fund investor, get tough.Sell your mistakes. Ignore the pull of a fund with a fabulously successful one-year return. And, last but not least, have the guts to buy good funds when they're down.
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They're just starting out. Here are some tips for taking the right financial path
In Vancouver, a young couple we'll call Bill and Maria are struggling with a large mortgage and the costs of the life they would like to lead. Both 28, Bill is self-employed. Maria works in a manufacturing company.
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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 Un 3.65Metro Credit Union3.69ING Direct 3.7Ukranian Credit Union 3.7ICICI Bank Canada3.75Average rate4.573-YEAR CLOSED Citizens Bank of Canada4.4Alberta Motor Assoc. 4.43ResMor Trust4.44GMAC Residential Funding4.45ING Direct4.45Average rate5.25
Every year, we remind our kids of the Christmas story, which my daughter Sarah repeated to me this week. As it turns out, the wise men who came to visit baby Jesus, she said, actually brought gifts of gold, Frankenstein, and myrrh.
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A selection of this week's winners and losers
STARSVan Houtte (VH.SV--TSX)$20.00, up $1.28There's nothing worse than having to wake up early on a weekend in the winter but at least there's coffee, the nectar of the gods. Investors have been gulping mug after mug of the Montreal-coffee-maker-with-the-mustachioed-mascot all year, lifting it from a low of $12.85.