1. Stay the course! With many equity markets now officially in correction mode (the TSX and the S&P 500 are 10% off their recent highs), as long as you have a well-diversified portfolio, it is important not to panic. While it is unpleasant to see your portfolio going down every day, the reality of equity markets is that they do go down occasionally.
  2. Jonathan Chevreau encourages readers not to panic in his column in the Financial Post and John Heinzl offers a 10-step recovery plan for panicked investors in The Globe and Mail.
  3. Does your online broker offer a security guarantee? Rob Carrick says that it should be an important consideration in choosing a discount broker.
  4. Google Finance has added data for many Canadian mutual funds. You can enter the name of the fund or the code in the search field and get information on a mutual fund.
  5. There were a spate of recalls this week: Nokia warned about battery problems in some phone models and Mattel warned about magnetic parts and lead paint in some of its toys.
  6. Ellen Roseman explains why you don’t receive cancelled cheques with your monthly statements anymore.