The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Those fabulous lives can be fueled by debt
The story of L’Wren Scott, the glamorous fashion designer and girlfriend of Mick Jagger who committed suicide last month. She was found to be at least $6-million (U.S.) in debt.
So much for annuities
A website for investment advisers presents some research suggesting annuities are a bad deal, even for retirees worried about outliving their money.
Income trusts, American style
There’s been a surge of interest lately in Master Limited Partnerships, the U.S. version of our late, lamented income trusts. If you were an income trust fan, you’ll find this cautionary article about MLPs to be of interest in a nostalgic sense.
The $5,000 (U.S.) hamburger
It’s called the Fleurburger 5000 and it “comes loaded with foie gras and black truffles.” Too rich for your blood? Try the $250 Indulgence Burger, with truffles and caviar.