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Investments and Lifestyles of the Rich - Millionaire Corner

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Jan 06th
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How the Wealthy Research Investments

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graph_with_money.jpgIn today’s world of information abundance, investors have a slew of options available when it comes to investment research. Whether you’re talking about examining financial statements or sorting through the plethora of analyst opinions, investors are limited only by the amount of time they’d like to devote to research. Just as consumers conduct research before purchasing a big ticket item, such as a car or a computer, investors conduct investment research in order to make informed decisions that will hopefully lead to higher returns.
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Presidential Candidiate Tax Policies Could Affect 34 Million Households

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istock_000005772053medium.jpgWhen individuals talk about taxing the rich but giving breaks to normal middle class Americans, who are they talking about? How do Presidential candidates define “rich” and how will their policies impact the households that aren’t named Hilton, Gates, Clinton or Bush?
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The Wealthy Rank Providers: Who are they more likely to use and why?

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rank.gifThe perception of providers by the Affluent is an important part of how they interact with the provider. Predicting what types of firms the Affluent will choose and what about those choices make those firms attractive can be a great tool to use when planning.
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Economy and Gas Prices Worry the Wealthy

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istock_000005833306medium.jpg  In June 2008, two concerns are dominant in the minds of affluent business owners: the upcoming Presidential Election(21.7%) and the Economy (19.6%).  While elections are foremost in business owners’ minds, the general theme of economic apprehension is further supported by their marked concern about Gas and Oil Prices (13%) and Cost of Living/Inflation (11%).

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Religion and Investing Habits How do you measure up?

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religion.jpgRisk tolerance, investment habits, advisor usage and many other financial proclivities of investors are influenced by factors outside of the financial world. Factors like background, gender, age, and geography. Perhaps, unsurprisingly, religion also plays a role. If the wealthy are divided into Protestant, Catholic or Jewish groups by faith (these were the three primary groups that are self-identified by investors in a Spectrem study), there are definite differences in investing habits across religious groups.

 

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