Wealth Blog

Thursday, April 21, 2011 5:18 pm
By Judy Martel · Bankrate.com

There’s an old investment saying that smart money should never follow dumb money. In other words, when an investment class gets too pricey because other investors have been rushing in, it’s not the time to buy. Which brings us to gold: If you’ve had gold in your portfolio to counterbalance the fluctuations of the stock

» Read more
Friday, April 15, 2011 3:29 pm
By Judy Martel · Bankrate.com

The rich are ratcheting up their spending and feeling more confident about their own wealth and the direction of the economy, according to the 2011 luxury market survey by American Express and Harrison Group. Households with at least $100,000 in discretionary income were surveyed, which represents the top 10 percent of wealth in the U.S.

» Read more
Wednesday, April 13, 2011 2:49 pm
By Judy Martel · Bankrate.com

The big question most people have, after they’ve figured out how to make money, is how to keep it through retirement, and beyond. The answers vary, and rules of thumb are constantly being called into question. For instance, what percentage should you withdraw during retirement to ensure it supports you for your lifetime, with maybe

» Read more
Friday, April 8, 2011 2:52 pm
By Judy Martel · Bankrate.com

Before the recession, in 2005, Ajay Kapur and his team of analysts at Citigroup came up with the term “plutonomy” to describe the U.S. economy. It defines a country where most of the wealth is controlled and owned by a minority of the population. Kapur has predicted that capitalism will continue to fuel the U.S.

» Read more
Wednesday, April 6, 2011 2:18 pm
By Judy Martel · Bankrate.com

The flamboyant Donald Trump may have been among the first to raise the bar on home prices to $100 million a few years ago when he put his Palm Beach mansion up for sale. Although it actually sold to Russian billionaire Dmitry Rybolovlev for $95 million, in 2008 it was believed to be the most

» Read more
Friday, April 1, 2011 3:04 pm
By Judy Martel · Bankrate.com

Two recent studies suggest a shift in how much the rich trust their advisers to manage their wealth. Since the recession, they’ve been spreading their assets among multiple advisers, rather than trusting one to make all the investment decisions. And wealthy investors under the age of 50, who are more likely to own their own

» Read more
Wednesday, March 30, 2011 12:20 pm
By Judy Martel · Bankrate.com

Think you could never become a millionaire? Take inspiration from some college students who are already there. Fifteen college students, profiled over three years by Forbes, all made their wealth through entrepreneurship. Many saw a market need and filled it, while others turned a hobby into a business. Nearly all of them are already “serial

» Read more
Friday, March 25, 2011 2:59 pm
By Judy Martel · Bankrate.com

How much attention should you pay to stock market fluctuations? Not much, if you’re building a portfolio for retirement, say the experts. The best way to build wealth in the market is the “steady as you go” approach, with an eye toward the long term, not the short-term volatility. Mutual fund company T. Rowe Price

» Read more
Wednesday, March 23, 2011 1:37 pm
By Judy Martel · Bankrate.com

Talk about frequent-flier perks: KLM Royal Dutch Airlines and Space Experience Curacao say they will offer future suborbital flights on the Lynx rocket plane being developed by California-based XCOR Aerospace. The 30-minute flight will soar approximately 300,000 feet up, allowing wealthy passengers to experience weightlessness and see the curvature of the earth. The cost of the

» Read more
Friday, March 18, 2011 2:29 pm
By Judy Martel · Bankrate.com

The number of millionaire households in the U.S. rose for the second straight year in 2010, to 8.4 million, according to the latest report by Spectrem, a Chicago consulting group. After dropping by 27 percent in 2008, the millionaire population has been increasing for two straight years, by 16 percent in 2009 and 8 percent

» Read more
Page 39 of 47« First...102030...3738394041...Last »