Personal Finance Advice and Commentary

What tops the financial list of what the rich want? It may not be what you think. Although they do want to get richer, the top concern is probably the same as everyone else’s: to maintain their lifestyle in retirement. Cerulli Associates/Phoenix Market International surveyed high-net-worth individuals to find out what they are looking for

I’ve heard many people made wiser by wealth say that money by itself doesn’t promise happiness, nor is it the root of all evil. It simply magnifies the qualities already present in a person’s character. It’s the great enabler. That brings us to the heartbreaking, tumultuous life of J. Paul Getty III, the grandson of

When circumstances beyond your control result in a sudden reversal of fortune, what should you do? In my last blog I wrote about the initial steps to take when you’re the recipient of a financial windfall. So let’s see what our two experts have to say when the situation isn’t so fortuitous, and your money

Quick – imagine you inherited $100,000 from a relative. Or you won the lottery. After jumping for joy, what would you do? That question could well determine the fate of your fortune, but far too many people act hastily and get it wrong. The pitfalls of spending too much are obvious, but maybe less obvious are