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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.

The fateful fall awaits stock markets


September and October are especially worth watching this year because equities are still cooking. But as bull cycles go, this one's starting to look well done. ROB CARRICK talks to four analysts

No bull, the current stock market rally has to end some time.Why not in September, historically the worst month of the year for the markets? Or maybe October, not as bad a month but still worth watching because the crashes of 1929 and 1987 occurred then.

No flash-and-dash wanted for this investor


TONY MARTIN profiles writer who likes low management fees, plain packaging

A professional writer, John Reynolds has just finished his latest book, Shadow People: Inside History's Most Notorious Secret Societies. He says his work left him a complete non-believer in the conspiracy theories such societies give rise to.

BEST BUYS


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 Union3.59So-Use Credit Union3.60Ukrainian Credit Union 3.65Ontario Civil Service Credit Un.3.95Comtech Credit Union 3.99Average rate4.67

Top portfolio manager credits relentless research, a bit of luck

Anne MacLean is one of the smartest, most versatile analysts/portfolio managers I know. She is also one of the luckiest. Or is it my envy showing, because she's had the good fortune of working with some of the best in the business?

Family trust can be an educational building block

Okay, I'll admit it. My reputation as a good father took a hit last week. You see, I wanted my son Winston (age seven) to take a nap.He refused. So I bribed him. I paid him $5 for the first hour, then $2 per half hour after that. He negotiated these rates. He even negotiated payment for the first half hour when he was lying there wide awake.

Protect your energy earnings, Merrill says

A weekly examination of the thinking behind a specific trade in the stock, bond or currency markets.If you invested in energy stocks early this year, you're probably sitting on more money than you know what to do with right now. In this week's trade, Merrill Lynch strategists outline what they think you should do with that money: Protect it.

Stars & Dogs


A selection of the past week's winners and losers

Gillette (DOG)$53.87 U.S., down $1.32 (G-NYSE)Filling a gaping need in the personal-grooming market, Gillette this week unveiled Fusion, the world's first five-bladed razor. In other breakthroughs, General Motors announced plans for a five-wheeled car and genetic engineers introduced the first five-legged cocker spaniel.

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