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See what home you can afford based on your household income in Vancouver, Calgary, Edmonton, Toronto, Ottawa and Montreal.Getty Images

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

Sorry, no house for you
Here's a quick and dirty calculator to see what you can afford based on your household income in Vancouver, Calgary, Edmonton, Toronto, Ottawa and Montreal. The median household income of about $75,000 gets you only a condo is most of these cities, and nothing at all in Vancouver.

For a more detailed take on home affordability, try my Real Life Ratio worksheet.

Stuff I wish I knew when I finished high school
A columnist who graduated from high school 30 years ago offers a list of 25 things he wishes he knew then. Number Five is a good one – "don't covet 'stuff' and don't waste money on it."

How much money do you need to be happy?
Reflections from the accountant behind the Blunt Bean Counter blog.

Why we're rotating away from U.S. stocks
A money manager explains his firm's rationale for viewing the U.S. stock market as being near a peak.

Here, a blogging portfolio manager looks at two choices for investors who want exposure to the global stock market outside Canada in a single exchange-traded fund.

More money
Join the people who are part of 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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