Wealth Blog

Tuesday, August 30, 2011 3:19 pm
By Judy Martel · Bankrate.com

What a great time to be the offspring of the super-rich. A combination of favorable gift tax legislation and low interest rates is causing the wealthy to consider transferring money and assets to the next generation while the giving is good. Since Congress increased the exemption for federal gift tax to $5 million ($10 million

» Read more
Friday, August 26, 2011 3:44 pm
By Judy Martel · Bankrate.com

Public perception of the rich has taken a beating since the recession. Where once the middle classes aspired to emulate the wealthy — in many cases overextending their credit to appear richer — now there’s a certain morbid curiosity in observing the foreclosures and stock market losses among the financially privileged. During the economy’s long

» Read more
Tuesday, August 23, 2011 3:54 pm
By Judy Martel · Bankrate.com

Anyone watching the zigs and zags of the stock market these days has plenty of reasons to be nervous, especially in light of global economic worries. It’s a wonder investors can sleep at night. There’s no magic formula that’s going to suddenly make you wealthy and keep you that way through both fat and lean

» Read more
Friday, August 19, 2011 4:03 pm
By Judy Martel · Bankrate.com

Call them “recession babies.”   The effects of this month’s dramatic downturn in the stock market on the heels of the recession just three years ago is instilling a fear of risk in the very investors who have the most time to benefit from long-term stock market investments. The last generation to exhibit this level of

» Read more
Tuesday, August 16, 2011 3:45 pm
By Judy Martel · Bankrate.com

Billionaire investor Warren Buffett caused a media stir this week with his op-ed in the New York Times titled “Stop coddling the Super-Rich.” Buffett outed himself and his fellow mega-rich as tax-cheapskates, thanks to tax-friendly legislation, and urged Congress to raise taxes as part of a deficit-reduction plan. “While the poor and middle class fight

» Read more
Friday, August 12, 2011 3:51 pm
By Judy Martel · Bankrate.com

During all the market volatility the past few weeks, one asset class has seen a pretty steady climb: gold. As of Friday, its price was $1,747.90 a troy ounce and nervous investors are wondering if they should increase their allocation or add it to their portfolios. Gold is considered a hedge against inflation and a

» Read more
Tuesday, August 9, 2011 3:48 pm
By Judy Martel · Bankrate.com

For all the bad news causing turmoil in the stock market, some wealthy investors are seeing a silver lining in the form of a buying opportunity. While investors have been broadly fleeing the market recently in favor of cash, many of the wealthy are being advised to maintain their equity position, or to buy. But

» Read more
Friday, August 5, 2011 3:44 pm
By Judy Martel · Bankrate.com

If image is everything, then the generation of Millennials (age 18 to 32, also known as Gen Y) would appear to be the richest. A recent survey finds that compared with older generations, more Millennials want to be seen as wealthy, even as they battle feelings of guilt about indulging in luxury. Among the three

» Read more
Tuesday, August 2, 2011 3:26 pm
By Judy Martel · Bankrate.com

It’s no secret that the Great Recession hit some people harder than others, but for blacks and Hispanics it has become the great wealth divide. Both groups have lost decades’ worth of financial gains, with whites now claiming an average of 20 times the net worth of blacks and 18 times that of Hispanics. The

» Read more
Friday, July 29, 2011 3:44 pm
By Judy Martel · Bankrate.com

This is shaping up to be a record year for high-priced property sales. No sooner does the “most expensive home” get sold than another one comes on the market to claim the No.1 status. First up was Russion billionaire Yuri Milner, who purchased a $100-million spread in Silicon Valley, Calif., in March. Then last month

» Read more
Page 35 of 47« First...102030...3334353637...40...Last »