Much has changed in light of the financial crisis.
Among the changes is an increased level of skepticism when it comes to conventional wisdom in matters related to money.
For example, a recent article suggests revisiting the following pillars of conventional wisdom--each of which had been pretty much sacrosanct prior to the financial crisis:
- Rent a home rather than owning it.
- Buy an annuity rather than investing in the capital markets.
- Leave money for heirs now rather than keeping it all until you die.
Source: Financial Post
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