Wendy Williams Celebrates 500th Show
The Story Behind A Touching White House Photo
While millions of Americans are trying to figure out how to weather a recession the wealthiest of Americans are flourishing. According to a recent report, "Wealth held by rich investors with assets over $1 million will grow their stacks 50 percent in the next five years to $75 trillion."
Is it the same old story as the rich get richer? In the past five years rich clients banked an average annual return of 12 percent which allows them to double their money every six years. Perhaps you believe rich folk have an advantage because of their access to the global private asset management world of hedge funds.
Get real! The truth is that if you had invested in an index fund mirroring the performance of the S&P 500 you would have earned an average return of 11 percent during the same period.
Is it the same old story as the rich get richer? In the past five years rich clients banked an average annual return of 12 percent which allows them to double their money every six years. Perhaps you believe rich folk have an advantage because of their access to the global private asset management world of hedge funds.
Get real! The truth is that if you had invested in an index fund mirroring the performance of the S&P 500 you would have earned an average return of 11 percent during the same period.
Lenders have tightened their standards and are requiring higher credit scores for conventional mortgages. In these troubling economic times stellar credit is difficult for the majority of folks needing to refinance. If you don't have an unblemished credit record there is still hope. 
You don't qualify for a conventional loan because of your credit history and or income so let's qualify you for a loan that's less affordable. 
Investors who are looking for a place to stash money have pushed the price of gold to an all time high of $1,000.00 per oz. What a difference a few years can make. In December of 1999 the price of gold was at 326.00 per ounce. 
The number of farms in the United States continues to shrink because of the industrialization of farming. These days when you think of a foreclosure it brings visions of shuttered vacant homes. 
"Betrayed," an 
Susan Taylor, former editor of Essence Magazine, Dr. Julianne Malveaux, president of Bennett College for Women and former Secretary of the Department of Labor Alexis Herman weigh in and provide their insight. 
