Lifestyle

The classic argument of "rent vs. buy." Conventional wisdom states that renting is just throwing your money down the drain and paying someone else's mortgage. Well, that's not always true.

The mega-rich got richer over the past year because they have substantial ownership stakes in well-run, publicly traded companies. And it's how the rest of us can build, enhance and protect our fortunes, too.

Instead of springing a posthumous surprise that can lead to conflict, communicate your financial plans and intentions to your family while you're still alive and well.

Twitter recently filled for an initial public offering, which leaves investors scrambling as to how to play the IPO. Here are two possible moves and what a portfolio manager will consider.

September to October of 2008 were some of the scariest months of the financial crisis as Lehman Brothers collapsed and other large banks had to be bailed out. Five years later, the financial sector has seen some remarkable recoveries.

To some extent, we are all conditioned to look for products that are "new and improved." More often than not, what's improved is the packaging and what's new is the price - it's generally higher.