Twitter's initial public offering last week was everything that Facebook's botched offering a year and a half ago was not: the stock was reasonably priced; management wooed investors; and the company neither promised the moon nor the stars, and was rewarded with a substantial amount of cash raised, a stock that went up more than 75 percent, and a valuation of $25 billion.
Read moreTweeting Isn't a Bubble, It's a Bandwagon
Twitter’s initial public offering last week was everything that Facebook’s botched offering a year and a half ago was not: the stock was reasonably priced; management wooed investors; and the company neither promised the moon nor the stars, and was rewarded with a substantial amount of cash raised, a stock that went up more than 75 percent, and a valuation of $25 billion.
Read moreIT’S A SMALL WORLD AFTER ALL
If there is one ubiquitous piece of financial advice, it is this: invest in different markets. Each month, the major private wealth banks in the world publish their recommended allocations. They might suggest putting 60 percent in stocks, and in turn breaking that down into U.S., European and emerging-market stocks, and an additional 40 percent in bonds, varying from U.S. Treasuries to municipal notes.
Read more