Sometimes, it pays to toil at an Internet startup.
For the hottest growth in millionaires, look south of the border.
Though the U.S. still houses most of the wealthy, other regions are gaining fast.
The bull stock market is delivering a dose of confidence to the rich.
The average U.S. millionaire is 61 and invests his or her money in domestic stocks, cash, CDs, ETFs, bonds and mutual funds.
The U.S. lost 129,000 millionaire households in 2011, largely as a result of poor performance in the stock market.
It’s official. A major campaign plank of President Barack Obama’s re-election effort is tax fairness.
Although 71 percent of millionaires surveyed by PNC Wealth Management agree in theory with billionaire Warren Buffett that the rich should pay more in taxes to improve the economy, nearly half of them say they shouldn’t personally pay more because they’re not in the same league as Buffett. So, while only 20 percent say that
Investor fear has driven down stock prices on even the best-quality equities, which makes for a great opportunity for iron-stomached, sophisticated investors to buy. Yet watching the news for even one day could give investors plenty to worry about globally, and I haven’t talked to a single seasoned investment professional who hasn’t told me that
If you had to guess which U.S. city has the highest number of wealthy individuals (investable assets of $1 million or more) would you automatically think New York, or maybe Los Angeles? Although both make the top 10, San Jose, Calif. (home of ebay and Cisco Systems, as well as other tech companies) comes in at