Do you need private equity or alternative investments to build wealth? No way! Most of those 'sexy' investments are actually a distraction. Next, will you receive a tax bill for giving money away as a gift? We cut through the confusion and discuss how gift taxes actually work.  Also, more people are dropping homeowner's insurance. That might make sense for you. But it can be an incredibly risky proposition! Links: Best travel credit cards. How to ask for a discount.