Wealth Blog

Thursday, December 30, 2010 10:55 am
By Judy Martel · Bankrate.com

The year-end news for stocks looks promising. During the last quarter, we’ve enjoyed a rally of approximately 10 percent (helped by a so-called Santa rally, when the market rises between Christmas and New Year’s). That’s the best stock-market rally during a fourth quarter since 2003. Some experts are still convinced it’s all smoke and mirrors

» Read more
Friday, December 17, 2010 1:37 pm
By Judy Martel · Bankrate.com

The $858 billion tax package that sailed through Congress this week has left both Republicans and Democrats unhappy with parts of the deal, but the wealthy and their heirs can breathe a sigh of relief – at least for another two years. To get the deal done, Democrats conceded on their effort to raise taxes on the wealthy,

» Read more
Friday, December 10, 2010 10:15 am
By Judy Martel · Bankrate.com

Back in August, I wrote about investor Warren Buffett’s plea to the wealthy to publicly commit to donating most of their fortunes to charity. Called the “Giving Pledge,” it immediately attracted heavy-hitters like Oracle founder Larry Ellison, movie producer George Lucas, and oil tycoon T. Boone Pickens. Recently, 16 additional billionaires signed up (which raises

» Read more
Friday, December 3, 2010 1:46 pm
By Judy Martel · Bankrate.com

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

» Read more
Wednesday, December 1, 2010 2:19 pm
By Judy Martel · Bankrate.com

Everyone could use a bit of fantasy during the holiday shopping season, and Neiman Marcus comes through yet again with its annual Christmas Book of unique gifts. The Christmas Book has been around since 1926, but this is the 50th year of the legendary His and Hers gifts. To mark the occasion, the store commissioned

» Read more
Wednesday, November 24, 2010 10:32 am
By Judy Martel · Bankrate.com

It’s the time of year for giving thanks, so how charitable have the wealthy been this past year? Bill and Melinda Gates continue to make headlines on the philanthropic front, most recently with the announcement that they’ve pledged $500 million through their foundation to help create new banking systems for the poorest parts of the

» Read more
Friday, November 19, 2010 11:56 am
By Judy Martel · Bankrate.com

So just how much do the wealthy hate paying taxes? Unlike almost every other country, the U.S. levies taxes on its citizens no matter where they live in the world. So some of the more globally-minded wealthy are taking their expatriate status much further by renouncing U.S. citizenship. Granted, the numbers are small, and many

» Read more
Tags: tax, Taxes, wealthy
Friday, November 12, 2010 1:58 pm
By Judy Martel · Bankrate.com

Although the housing market is still in an uneven and sluggish recovery, mortgage lenders originated $18 billion in jumbo loans in the second quarter of this year. That’s a 20 percent increase over the first quarter, according to an article in the Wall Street Journal. Historically, jumbo mortgages make up about 18 percent of the

» Read more
Wednesday, November 10, 2010 2:22 pm
By Judy Martel · Bankrate.com

Wealth is moving east — specifically to Singapore, Russia and the Middle East — according to the third Expat Explorer report published by HSBC Bank International, which surveys 4,127 expats in more than 100 countries. For the second year in a row, Russia remains the wealth hotspot leader, with 36 percent of expats earning more

» Read more
Friday, November 5, 2010 1:18 pm
By Judy Martel · Bankrate.com

What a week. In the wake of the announcement Wednesday that the Federal Reserve would spend  $600 billion to buy long-term Treasuries to help stimulate the lagging economy, the stock market jumped nearly 2 percent in a day, reaching levels not seen since September 2008. This week’s news is part of an ongoing rally: The

» Read more
Page 39 of 44« First...102030...3738394041...Last »