According to the World Wealth Report 2012 from Capgemini and RBC Wealth Management last year was the second most volatile period in the last 15 years. While the number of people with over $1 million of investable assets increased by 0.8% worldwide the number of ultra-high-net-worth individuals with $30 million decreased by 2.5% losing 4.9% of their wealth.
On July 12 2012 I had the opportunity to appear on “Straight-Up with Chris: Real Talk on Business & Parenthood” with Chris Efessiou. Chris is a successful entrepreneur and the author of CDO Chief Daddy Officer: The Business o
Did you know that stocks rally in the year leading up to a U.S. presidential election? Although market volatility remains this year’s story a solid rally has been the historical trend.
What does the slim victory of Greece’s pro-bailout party mean for the country that has been at the center of the European debt crisis?
The following was taken from Weston Wellington’s Down to the Wire dated July 11 2012.  Weston is a Vice President of Dimensional Fund Advisors and his Down to the Wire provides timely commentary and insight in response to prominent financial media headlines and topics concerning investors today.
Peter Lynch the legendary manager of Fidelity’s Magellan Fund is famous for advising investors to “invest in what you know.” The Prophet of Omaha Warren Buffett also advocates investing within your “circle of competence.” Maybe JPMorgan Chase traders should have followed this sage advice.
When the House Financial Services Committee recently announced the remainder of its schedule I was relieved to see that the so-called Bachus Bill was not listed and will have to wait until next session to be debated.