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Investments and Lifestyles of the Rich - Millionaire Corner

Friday
Jul 03rd
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A Charity Making a Difference: Concern Worldwide cover_pic.jpgMillionaire Corner is exposed to many charitable organizations which strive to improve the world in various ways. One such charity is Concern Worldwide which deals with the kind of grinding poverty that most Americans can’t imagine, and they have been doing so since 1968.
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Affluent Investing
Advisors on Trial judge_trial.jpgThe economic crisis in America has left investors reeling and has put advisors on trial. For the most part, individual advisors are not taking the blame in the eyes of investors. Wealthy investors recognize that the market has dropped significantly and did not expect their advisor to overcome that insurmountable challenge. That being said, overall satisfaction levels have dropped from 60% in the Spring of 2008 to 40% at the end of the year. In addition, investors are expected to reassess how their advisors are performing in the next twelve months.
Retirement Planning
Economic Crisis Delays Retirement Plans man_at_desk_with_papers_and_headache.jpgThe economic crisis experienced globally in the Fall of 2008 will have an impact on the behaviors and attitudes of investors that will forever change the way individuals invest, utilize advisors and rely upon financial services organizations. This economic downturn has been a significant and life altering experience for many Americans, and the impact this crisis may have on households across the country can probably be classified as stunning. Baby Boomers, especially those with between 5-10 years to retirement, are befuddled and will soon begin to panic.
 
Millionaire Indices
Indices move up for the second month in a row as comfort with economy

index_up.jpg 7pts  Spectrem Millionaire Investor Index (SMII)®   

Millionaires rose a solid 7 from –26 to –19, reflecting an easing of economic concerns

index_up.jpg 9pts  Spectrem Affluent Investor Index (SAII)®    

 The Affluent follow suit with an increase from –30 to -21,also reacting to a quieter economic month.      
Innovative Enterprise
Innovative Enterprises: A secret to long term wealth innovative_enterprises.jpgPart of the American dream is to be your own boss, own your own business and answer to no one. Owning your own business can be a way to invest in innovative enterprise, one of the cornerstones of long term wealth attainment. If that isn’t in the cards for you, take a look around at other innovative enterprise opportunities.
 
Millionaire Profiles
A Lottery Fortune Won and Lost Millionaire Lottery.jpg Eleazar Ford always lived something of a charmed life. He was the second of two children of working class parents, and the only boy. Because of his gender, his parents decided to send him to college instead of his elder sister, despite the fact that they both made good grade in high school and both wanted to go to college.  
Get Rich Podcasts
Episode 5: Economic Crisis

get rich stay rich podcast.jpg An interview with the authors of Get Rich, Stay Rich, Pass It On , Catherine S. McBreen and George H. Walper, Jr. How are the wealthy reacting to the economic crisis? Get Rich at the Millionaire Corner talks to two wealth experts to find out. Check out 2009’s first installment.

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    get rich stay rich podcast.jpgAn interview with the authors of Get Rich, Stay Rich, Pass It On , Catherine S. McBreen and George H. Walper, Jr. How are the wealthy reacting to the economic crisis? Get Rich at the Millionaire Corner talks to two wealth experts to find out.

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