Thursday, November 21, 2019
The process of buying a home can profoundly affect a person's wealth-building ability, an author of a book on wealth building said. Chris Hogan in his latest book “Everyday Millionaires: How Ordinary People Built Extraordinary Wealth―and How You Can Too,”...
Big banks such as Citi Private Bank, Morgan Stanley and Deutsche Bank are giving children of billionaires a taste of Silicon Valley, according to Bloomberg. These banks are offering a program allowing the heirs of their valued customers to...
President Trump has signed the United States Farm Bill into law last December 20, 2018. Following this step towards Cannabis legalization, the wealth investment sector predicts a boom in the marijuana industry. While the Farm Bill focuses on farming...
According to The New York Times, Democrats Alexandria Ocasio-Cortez and Elizabeth Warren both have similar arguments to address social security issues: tax the rich. Ocasio-Cortez proposed that a wealth tax can help fund programs such as climate change initiatives....
Recently, United States banks have experienced an increase in interest rates. With the Federal Reserve raising the rates, interest rates increased to stretch within 2.25% and 2.5%. However, The Washington Post reveals that big institutions are not paying their clients...
Jeff Bezos is on another controversy after The New York Post reported that he only donated less than 0.1 per cent of his wealth to charity. According to the report, Bezos only gave a total of $140 million, out of...
Massachusetts Senator Elizabeth Warren recently called for an annual tax for Americans with $50 million wealth and above. She said in an interview with MSNBC that ‘Wealth Tax’ can ‘help build opportunity for the rest of America.’ The proposed tax...
The New York Times reports that Senator Elizabeth Warren is slated to propose a plan, aiming to enforce a yearly tax on America’s wealthiest families. With 75,000 households covered by this plan, Democrats intend to set a more even...
Bloomberg reports that the age of wealthy individuals in America is declining. Investors who have at least $25 million to their name have an average age of 47 years old, an 11-point drop from 2014’s average age. However, Bloomberg...
The UK-based charity Oxfam International released a report last January 21 at the World Economic Forum in Davos, Switzerland, stating that 26 of the richest people in the world have the same wealth as the poorest half of the...

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