poladamonte / Getty Images/iStockphoto You might think that truly wealthy people have no qualms when it comes to spending money, but that’s not necessarily true. Like anyone else, rich people make their buying decisions based on a combination of factors. What they want, what they need and what they view as being valuable or worth […]
The all-cash deal is back in vogue for homebuyers, a shift that favors the wealthy. Luxury housing markets in New York and Florida are boasting near record-high shares of transactions paid in cash, according to first quarter data from real estate appraisal and consulting firm Miller Samuel Inc. That represents a sharp reversal from more […]
shaunl / Getty Images The rich are known for spending their money on luxury. It might come in the form of mansions in desirable neighborhoods or on exotic trips in locations that only the uber-wealthy can afford. However, one thing the rich typically do not purchase in terms of luxury is cars. Read Next: 4 […]
It’s a classic question: retire early with more freedom to enjoy life, or retire later with a larger nest egg? A user posted a similar question on the Reddit forum r/Fire: “Retire early or retire rich?” The post asks readers to choose between retiring at 40 with a pretax income of $125,000 per year or […]
Michael Simon / iStock.com Shark Tank’s Barbara Corcoran was an extremely successful real estate investor before appearing on the show. She’s grown her net worth to over $100 million in the years since. So when she offers investing advice, people tend to listen. Be Aware: Barbara Corcoran Says, ‘Forget About Florida,’ Move Here for Cheap Homes […]
We knew from the beginning that imposing a universal voucher program on Arizona taxpayers was a Robin-Hood-in-reverse scam, robbing money from the poor to give to the rich. Knowing that didn’t matter to the Republican-controlled Arizona Legislature and then-Gov. Doug Ducey, who signed the atrocity into law. Then, we learned that the con could be […]
©iStock.com Warren Buffett has a fortune worth over $131 billion. He got there by consistently investing in the right companies throughout his multi-decade career. However, Buffett advises the average person against picking stocks like he did. In the Berkshire Hathaway 2020 meeting, he said, “In my view, for most people, the best thing to do […]
DenisTangneyJr / iStock.com When buying a home, you’ll need to choose between purchasing a newly built home or an existing one. New construction homes now make up almost one-third of single-family homes on the market in the United States. Try This: I’m a Real Estate Agent: 5 Places I’d Buy a Vacation Home If I […]
A Florida Gen Xer who made over $300,000 last year secretly working multiple remote jobs says he’s “far from rich.” The subject of the story is not pictured. howtogoto/Getty Images A Florida-based Gen Xer made over $300,000 in 2023 secretly working multiple remote tech jobs. While the extra income has allowed him to travel more, […]
Wealthy office-seekers plowed more of their own money than ever into runs for Congress last year. Now, the biggest one of all is facing an important hurdle. Democratic Rep. David Trone has given more than $57 million of his own money to his campaign for Senate in Maryland ahead of next week’s primary — a […]
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DenisTangneyJr / Getty Images Allison Montgomery is a real estate agent, investor and the owner of Buy My House. The company — which pairs sellers with local cash buyers — operates nationwide, giving Montgomery a coast-to-coast perspective on the national real estate market that extends beyond any individual metro, state or region. Discover More: Here’s […]