Tag: wealthier

if you want to be wealthier, ditch dividends

Young investor Think of dividends and you’ll likely think of reliable payouts from solid blue-chip FTSE 100 companies. Maybe your grandfather gets a quarterly payout from Shell (“never sell Shell”, or so they say) or a handsome six-monthly cheque from Tesco – companies that have reliably stable business models backed by strong cash flows. The […]

Some wealthier Chinese say they can’t afford marriage as economy slows

By Nicoco Chan SHANGHAI (Reuters) – Victor Li is determined to get married soon, but like many other young Chinese grappling with an uncertain economic outlook, the well-heeled Shanghai entrepreneur isn’t sure he can afford to. “It’s very expensive for us to get married, especially in a big city like Shanghai,” the 32-year-old said, as […]