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Rob Carrick's Reader: Win the lottery, wreck your life

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Win the lottery, wreck your life

Strain on your relationships, increased bankruptcy risk and a plague of long-lost relatives. These are some of the downsides of winning the lottery. Me, I’m willing to accept these risks.

Don’t rush into the housing market

Good advice from the Canadian Mortgage Trends blog – don’t rush into the housing market just because interest rates are low. You may end up taking on a financial burden you can’t comfortably carry.

What to do with your tax refund

Patti Lovett-Reid, CTV’s new chief financial commentator, offers some suggestions on how to sensibly spend your tax refund.

Index fund face-off

Two low-cost index fund options, TD’s e-series funds and the Streetwise fund lineup from ING Direct, are examined in this post on the Canadian Couch Potato blog.

More money

Join the 10,000+ 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.

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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; Berman’s Market Update, a summary of the markets at the open, noon and close; and All-Star Investors, a monthly collection of articles exploring an investing trend or theme.