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It’s easier than you think to retire rich.
These tidbits about wealth and investing will make you think.
Would you need $5 million to consider yourself wealthy?
They’re young, rich and not afraid to spend hundreds of millions for the right mansion.
Presidential candidate Mitt Romney is finding himself in an awkward spot: He’s defending his net worth and at the same time trying to keep it private.
You wouldn’t want to put this baseball card in your bicycle spokes: A 1909 card of Pittsburgh Pirates shortstop Honus Wagner, whose nickname was “The Flying Dutchman,” will probably sell at auction for between $1.2 million and $1.5 million. The card is owned by a Texas businessman who wishes to remain anonymous.
Photo: Bloomberg
In his 21-year career with the Pirates, Wagner hit a career batting average of .327 and was known as one of the greatest players of the time. If you’re thinking anyone would be crazy to buy a baseball card for $1 million plus, it’s actually less than half the price of another Wagner baseball card.
Think you’ve experienced the pain of investment losses? Everything being relative, the net worth of Carlos Slim, the world’s richest man according to the Bloomberg Billionaires Index, dropped an astounding $478.4 million in a day. As of March 2, his total net worth was $68.5 billion, making his one-day loss much less significant as it
Do you need to have money to make money? Not necessarily. With dedication, consistency and time, it’s possible to start from scratch and end up at least in the top 10 percent of wealthiest Americans by the time you retire. According to researcher Spectrem Group, the number of U.S. households worth $1 million or more
Republican presidential candidate Mitt Romney leads in more than the Republican primaries: He’s the richest candidate in a decade, with a net worth of approximately $250 million. The last candidate to top that figure was Steve Forbes, the publishing magnate who ran in 2000. His personal net worth is estimated to be $450 million. But
Being a millionaire ain’t what it used to be. Nearly 800 wealthy individuals worldwide surveyed by Barclays Wealth say it takes a minimum of $10 million in liquid assets to define a person as wealthy. The fact that the definition specifies liquid wealth is important. As many of the superwealthy discovered during the recession, wealth
