Wealth Blog

Friday, July 15, 2011 4:04 pm
By Judy Martel · Bankrate.com

The overwhelming majority (85 percent) of wealthy individuals in a recent survey say returns on their investments in 2010 met or exceeded their expectations and they expect long-term returns of 8 percent in 2011. “In this statistic, at least, families seem to be expecting a return to normalcy,” according to David Lincoln, director of research

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Tuesday, July 12, 2011 3:57 pm
By Judy Martel · Bankrate.com

Who is more likely to shoplift, a rich person or a poor one? If you guessed the rich one, you’re right. In her book “The Steal,” author Rachel Shteir takes a look at the history of theft in our culture and cites one study that reports people earning $70,000 per year are 30 percent more likely

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Friday, July 8, 2011 3:43 pm
By Judy Martel · Bankrate.com

If your vision of retirement communities is a few dozen prefab homes scattered around a shuffleboard court, you haven’t been keeping up with the latest trend in homebuilding. These days, retirement communities for those over age 55 have upped the ante significantly, with amenities such as valet parking, dog-walkers and five-star chefs. There are even “lifestyle directors”

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Wednesday, July 6, 2011 3:15 pm
By Judy Martel · Bankrate.com

The rich are getting richer, according to a trio of recent studies, and are now turning their attention to the help. That means the spotlight is shining on the wealth management industry and the studies show they’re not holding up under the scrutiny. For instance, the Global Wealth Survey by PwC finds that clients are

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Friday, July 1, 2011 1:21 pm
By Judy Martel · Bankrate.com

If you’re having trouble sticking to long-term financial goals, you’re not alone. Even the wealthy are susceptible to emotions that derail overall returns. A report by Barclays Wealth finds that 41 percent of the 2,000 wealthy investors surveyed say they could use some help controlling impulses that are counterproductive to their financial goals. The three

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Tuesday, June 28, 2011 3:45 pm
By Judy Martel · Bankrate.com

The world’s millionaires are back in the black for the first time since before the economic crisis and are shifting out of cash and fixed-income and into equity investments. Worldwide, the population of millionaires (10.9 million at the end of 2010) has hit a new high, increasing its numbers by 8.3 percent since 2009, according

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Friday, June 24, 2011 3:08 pm
By Judy Martel · Bankrate.com

In one of the sadder riches to rags tales, we’re reminded that even the wealthy aren’t immune from financial ruin if they bet the wrong way on the economy. Patricia Kluge was introduced to a life made better by money when she married second husband John Kluge, at one time the richest man in the

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Thursday, June 23, 2011 9:19 am
By L. Marie Joseph · Bankrate.com

With all of the negative financial news and stock market woes, it’s easy for youth to think achieving wealth is impossible. Of course, starting a business or become a Hollywood reality star can help anyone fast-forward their way to wealth. But for those of us who aren’t interested in building an empire, creating wealth is possible

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Tuesday, June 21, 2011 4:27 pm
By Judy Martel · Bankrate.com

They used to be called widow and orphan stocks. Dividend-paying stocks have earned a reputation as solid, predictable forms of income, but are they still solid? Dividend stocks offer capital appreciation and income that can be paid to you on a regular schedule or reinvested to boost returns until you’re ready for income. This year,

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Sunday, June 19, 2011 9:48 am
By Judy Martel · Bankrate.com

There’s a pessimistic saying that claims men marry women for their looks, while women marry men for their money. But one study concludes that women’s lack of confidence with money actually makes them better investors. Ledbury Research and Barclays Capital surveyed 2,000 high net worth individuals and found that women are more likely than men

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