IRAs Defined An Individual retirement account (IRA) is just that – an account where an individual, without the assistance of an employer (like a 401k requires), invests money that will grow over time. The purpose of this exercise is to provide a nest egg for retirement. An IRA can be invested in a variety of […]
Invest in Your Health, and Wealth With the new year finally here, it is pretty much accepted as canon that weight loss resolutions must be made. That makes investing in weight loss companies a potentially lucrative resolution in and of itself. In fact, over 30% of Americans make a weight-related resolutions every time another year […]
The Fundamental Rules of Living Frugally Living a life of fiscal responsibility sounds so boring. Delayed gratification and a lifestyle of responsible spending aren’t exactly the things people are celebrating on magazine covers or TMZ Live. Yet living frugally is one of the oldest, most reliable and fastest paths to wealth. From tiny homes to […]
Timeshares are one of those things people love to hate. Sort of like network marketing or President Trump. Lots of bad press, but enough positive aspects and flashy hype that people keep coming back wanting more. But are they really as bad as they seem? Timeshare Ownership: The Frenemy of the Real Estate World While […]
Success Doesn’t Mean Smooth Sailing Besides finally picking up an Oscar for his performance in “The Revenant”and being an avid environmental philanthropist, Leonardo DiCaprio’s investments, as well as his acting, have made some waves in the world of investing. While he arguably doesn’t need the extra income, DiCaprio is active in the tech investment world, […]
Bai, Bai, Bai Former N’Sync front man and Mickey Mouse Club kid, pop superstar Justin Timberlake is now making a name for himself in the business world. Earlier this year, Timberlake starred in a Superbowl commercial for Bai beverages. Not only is he using his famous face to endorse the product, but he was also […]
Female venture capitalists are more than three times as likely to invest in companies with female CEOs, which is good news for the progression of girl power, but could be bad news for good ol’ boys clubs. While female venture partners only made up 6% of all venture capital partners from 2011 to 2013, according to a Babson study, male CEOs may be missing out on opportunities simply because they are, well, men. And, according to MarketWatch, men may soon be targeted less by entrepreneurs, in favor of female investors.
Is your retirement in jeopardy? Possibly, if you’re not saving on pace to put yourself in a safe position in your golden years – and most American’s aren’t. In fact, “no matter how households’ needs in retirement are projected or how their incomes, assets, and debts are measured, an unacceptably large share of Americans appears at risk of being forced into a lower standard of living in retirement,” the Center for American Progress noted.
Although you may not know who Paul David Hewson is, chances are, you’ve heard of his alter-ego, Bono – front man for the Irish rock/pop band U2. Even if you don’t particularly like his brand of music, you can’t deny that Bono has taken U2 to dizzying heights of fortune and glory (with over 150 million albums sold worldwide and 22 Grammy Awards won), but he didn’t stop there.
According to the report, “Although the global economic environment has remained challenging, total global wealth has grown to a new record, rising by USD 20.1 trillion between mid-2013 and mid-2014, an increase of 8.3%, to reach USD 263 trillion – more than twice the USD 117 trillion recorded for the year 2000. With an 11.4% year-on-year increase, wealth creation was particularly strong in North America, where it now stands at USD 91 trillion, or 34.7% of total wealth.”