What Is The Most Popular 'Passion Investment'? It's Not Art The 2013 World Wealth Report is out today and finds that high-net-worth investors around the world allocate the biggest chunk of their cash (31.6%) to watches, gems and jewelry. Collectibles such as antiques and wine come in at second place (24.4%), while luxury items such a flash cars and boats are the next most popular, at 19%. So-called passion investments in art come in fourth, with 16.9% of average allocations globally.
High-End Suites In High Demand Tova Syrowicz and her team at Elite Traveler have compiled a list of 101 top suites throughout the world. While not necessarily the most expensive suites worldwide, they’ve been judged as elite on a number of measures.
Recessions And Bull Markets: Why Small Businesses Should Hedge Retirement Bets Over the past 50 years, Small Business Week (June 17-21) has been a time to recognize and support the millions of small businesses in this country. It’s also a time to assess the current challenges small business owners face and discuss viable solutions to those challenges.
I'm Sorry, But My Long-Term Goals Will Just Have To Wait As markets reach higher highs and the frequency of articles espousing the "end is near" is increasing. There must be a corollary somewhere. Although, during the depths of the recession, I don't recall seeing too many reporters urging investors to put their cash into the market. It's kinda funny-but kinda not. The name of the game is to ratchet up the anxiety level wherever possible, and disguise it as news consumers should follow.
FinCapDev Recap: App-trepreneurs Bet Mobile Technology On America's Financial Crisis Call them app-trepreneurs, the millions of would-be founders who've developed the more than 900,000 apps currently on sale in Apple’s iPhone app store. 26 of these mobile designers came together Tuesday night in San Francisco’s financial district to pit their financially-charged applications against each other for $100,000 in prize money for the first ever FinCapDev competition.
New Grads, Here's How To Keep Your Costs Low This is the third in a four-part series for new grads on managing your finances. (Read the first article here and the second article here.)