Investments
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Bloomberg: See How Much You Need to join Ranks of Richest 1% in Different Countries
According to a Knight Frank’s study, the United States is in third place based on the minimum net wealth required to join the ranks of the richest 1%, but it is in top spot for the number of ultra-high-net-worth individuals, write Benjamin Stupples and Yoojung Lee for Bloomberg. Joining the ranks of the wealthiest is…
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Wiser Wealth: Most Americans Don’t Understand Bitcoin, with 1 in 10 Never Having Heard of it
As some financial services, such as Mastercard and ATMs, have begun embracing the usage of cryptocurrencies, that would seem to suggest it is becoming more commonplace. That seems logical since the value of a single Bitcoin has fluctuated in value around $50,000 at times. However, a survey reveals that many Americans might still have no…
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Wiser Wealth: Should You Involve Your Teenagers in Big Spending Decisions? Two Points of View
Should teenagers have a say when big financial decisions are made in the family? The Wall Street Journal asked two financial experts to weigh in. Yes, include teens Lazetta Rainey Braxton, co-CEO at 2050 Wealth Partners in New York, says parents should include a teenagers’ input. If handled correctly, the teen will find the experience…
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Wiser Wealth: Invest Your (Super Bowl) Bonuses Wisely
It may seem like NFL players have it all-fame, fortune and physique, but when it comes to handling their money, players run into the same financial issues the rest of us face. When those Super Bowl bonuses start coming in, players need to make prudent decisions and invest that money wisely. For this year’s Super…
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Wiser Wealth: Personal Finance Lessons the World Has Learned After a Year with COVID
Besides the health concerns the pandemic has sparked, the other major source of anxiety for many this last year has been their finances. So many of us were laid off, and many industries have ground to a halt due to the need for safety precautions. It’s been a major wake-up call for a lot of…
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