Will consumers spend more or less for Christmas cheer this year? Surveys offer different views of the answer.
If you’re younger than 45, getting your desired income is more difficult than it was just a decade ago.
With the Iowa caucus behind us and the election year in full swing, what’s the No. 1 priority for the next president? According to the results of a survey by Trulia.com, a real estate website, it’s not the housing crisis. Lower unemployment and reducing the federal deficit come first. But when asked about housing policy, respondents
For purposes of taxation, President Barack Obama has defined the wealthy as those couples earning at least $250,000 per year. But there are plenty who have disagreed with that assessment, especially residents in high-rent districts like Manhattan and Los Angeles, where a quarter of a million doesn’t go as far as it would in, say,
When I worked for a family office that advised ultra high-net-worth individuals, one of the numerous ways our investment advisers would assess stock market risk among clients was to pose the question: “How would you feel if you lost half your investments?” That question turned out to be more than rhetoric in March, 2009, when
Just three years ago the world was entering a terrible economic crisis. If you don’t remember, the official start date of the recession was December 2007, according to the National Bureau of Economic Research. And now, look at us! Well, that’s enough self-reflection. Unfortunately, things are not quite copacetic just yet in the economy. But
Retailers are nervously gauging the spending mood of the wealthy as we head into the holiday season. The stock market has been rising pre-holiday, but that doesn’t mean the greenbacks will be flowing at shopping sites this year. Many of the wealthy still feel chastened by the shaky economy, and are reining in the holiday
So how are we all feeling two years after the global economic collapse? Not so great, according to a poll of 1,002 Americans conducted for Certified Financial Planner Board of Standards by Penn, Schoen Berland. Here are some of the highlights of the opinion survey: Nearly two out of three Americans (65 percent) are more
The wealthy are worried about retirement just as much as the rest of us, according to two recent surveys of affluent individuals.