However, the level of damage that can be faced by families due to a lack of planning can exponentially
increase with greater wealth.
However, the level of damage that can be faced by families due to a lack of planning can exponentially
increase with greater wealth.
Not exact matches
The
increased borrowing, together
with the
greater wealth that comes
with higher asset prices, encourages households to spend more, generating income for other households and creating opportunities for companies.
«We have identified a
great firm in Sterne Agee to bolster our Global
Wealth Management group
with the addition of more than 700 financial advisors and independent representatives
increasing advisor professionals by 35 %.
If someone handed me $ 10,000,000
with the imperative to construct a portfolio that will, comprehensively, make money in all environments,
increase wealth by at least 5 % in excess of the rate of inflation over the long term, and do it in a way that the total dividends paid out would be
greater each year, these are the companies I would choose.
This gives me an opportunity to keep a closer eye on developments within my portfolio and likewise to generate
greater discussion
with readers as I have found this to be one of the most effective ways to
increase my own efficacy as a steward of the
wealth I have thus far accumulated.
The
great issues of our time are moral: the uses of power;
wealth and poverty; human rights; the moral quality and character of society; loss of the sense of the common good in tandem
with the pampering of private interests; domestic violence; outrageous legal and medical costs in a system of maldistributed services; unprecedented developments in biotechnologies which portend good but risk evil; the violation of public trust by high elected officials and their appointees; the growing militarization of many societies; continued racism; the persistence of hunger and malnutrition; a still exploding population in societies hard put to
increase jobs and resources; abortion; euthanasia; care for the environment; the claims of future generations.
As the calls for Mitt Romney to release his tax returns grow louder, and concerns about his undisclosed millions in offshore accounts
increase, I wonder how the presumptive Republican nominee reconciles his
great, secret stores of
wealth with the principles of his Mormon faith.
It has
increased their
wealth and also provided them
with great things to spend their money on: good restaurants in London and in the parts of Cornwall where they holiday at Easter; foreign travel; the Polish builders doing the attic conversion.
Moreover, in the 1980s researchers found gains in literacy were associated
with greater increases in life expectancy than gains in
wealth were.
The world uses a trillion kilowatt - hours of electricity for AC right now, and
with urbanization,
greater wealth, and warming, it's projected that amount will
increase tenfold by 2050, far outpacing zero - carbon electricity generation.
The Industrial Revolution and the magic of trade along
with increases in productivity have created
great wealth.
Even at the micro level we frustrate our innate contentment mechanism: the latest thing to catch my eye in this regard is a piece by James Surowiecki (of Wisdom of Crowds fame) in the New Yorker in which he points out that gadget makers continue to
increase the number of features on devices, consumers continue to prefer gadgets
with more bells and whistles, but once buyers turn into users the
greater «
wealth» (my term) only makes them unhappy.
During the recovery of the
Great Recession, income inequality in the United States accelerated,
with 91 % of the gains going to the top 1 % of families.19 Left out of the recovery were African American families who, during the downturn, lost an average of 35 % of their accumulated
wealth.20 African American unemployment
increased, home ownership decreased, and child poverty deepened to approximately 46 % of children younger than 6 years.21 Because social mobility is lowest for people in the lowest income quartile, half of African American children who are poor as young children will remain poor as adults, approximately twice as many as white adults similarly exposed to poverty as children.22
It is also worth mentioning that women seemed to care less about
wealth and status in countries
with greater equality; however, men's preferences for
wealth and status did not
increase in such cases.