Wealth Blog

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
Wednesday, March 16, 2011 2:13 pm
By Judy Martel · Bankrate.com

The recent, devastating news out of Japan not only tests the limits of global humanitarian efforts, but of the global economy as well. Japan is the world’s third-largest economy, and fears are spreading around developed nations about how the disaster could impact a worldwide economy that has been recovering from the recession in fits and

» Read more
Friday, March 11, 2011 2:52 pm
By Judy Martel · Bankrate.com

Most people calculate their net worth by adding up tangible assets such as stocks, bonds and real estate. But there’s an important element that many forget to factor into the wealth equation: human capital, which is another way of saying your future earning power. Business owners and managers are already familiar with the concept of

» Read more
Wednesday, March 9, 2011 3:01 pm
By Judy Martel · Bankrate.com

As I type this, the Dow Jones Industrial Average is at 12,215, and the Standard & Poor’s 500 sits at 1,319. Two years ago on this date, the numbers were much more dismal: 6,547 for the Dow and 677 for the S&P.   When the market closed Tuesday, the Dow was up 86 percent from

» Read more
Friday, March 4, 2011 3:18 pm
By Judy Martel · Bankrate.com

Ever wonder what it would take for you to financially “walk away” from your job? There was an intriguing article in the Wall Street Journal recently that cited a study by Standard Chartered Priority Banking and Scorpio Partnership. Nearly 1,800 wealthy people (average annual income $120,000 and average net worth of $1.3 million) in 10

» Read more
Friday, March 4, 2011 9:41 am
By Janet Reusch · Bankrate.com

In light of hearing that 2010 wasn’t a good year for charitable giving, it’s refreshing to find stories of people giving back. A couple of bloggers picked up the philanthropic slack where the wealthy left off. “J. Money,” as he is known in the blogosphere, of BudgetsAreSexy.com, a personal finance blog, and Nate St. Pierre

» Read more
Wednesday, March 2, 2011 9:17 am
By Judy Martel · Bankrate.com

Conventional financial wisdom used to champion homeownership as one of the paths to wealth. Owning a piece of the American Dream was considered to be a solid and safe investment in your financial future. It was also a way of diversifying your financial portfolio, acting as a hedge against stock holdings. In previous economic downturns,

» Read more
Friday, February 25, 2011 3:00 pm
By Judy Martel · Bankrate.com

During the recession of 2009, even the wealthy held back their discretionary spending on luxury amid fears and uncertainty about the direction of the economy. But the latest data from Mastercard Advisors SpendingPulse shows that sales of luxury items are up 6.1 percent in January from a year ago. Luxury brands are also reporting strong

» Read more
Friday, February 18, 2011 3:01 pm
By Judy Martel · Bankrate.com

Despite billionaire Warren Buffett’s philanthropic drumbeat in 2010, the year was not a good one for charitable giving. An article in The Chronicle of Philanthropy says donors and nonprofit officials blame fears of continued economic instability and uncertainty about taxes as the cause. Donations from the Chronicle’s list of the 50 top donors (actually numbering

» Read more
Friday, February 11, 2011 2:40 pm
By Judy Martel · Bankrate.com

I’ve heard many people made wiser by wealth say that money by itself doesn’t promise happiness, nor is it the root of all evil. It simply magnifies the qualities already present in a person’s character. It’s the great enabler. That brings us to the heartbreaking, tumultuous life of J. Paul Getty III, the grandson of

» Read more
Tags: fortune, Getty
Page 39 of 46« First...102030...3738394041...Last »