Canadian Capitalist

• The Toronto Star is reporting that major Canadian banks are launching an initiative that will allow consumers to pay for their web purchases with their debit card. There is also a story on how to use the debit card online.
• IMHO, managing risk is the most important job for an investor. BusinessWeek has a primer on four types of risk: inflation, interest rate, event and currency risk.
• Fortune magazine has timely gift suggestions for Mother’s Day.
• The Globe and Mail has a column on investing in India. I made a recent post on this topic and as the column also notes, the Excel India fund is an expensive way to get exposure. Please be aware that Indian markets are extremely volatile and a broad emerging market fund like the EEM is probably best for most investors.

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