Where are the wealthiest people on the planet? These 15 economies boast the highest number of people whose net worth exceeds $1 billion, according to Wealth-X and UBS Billionaire Census 2013. United States – Top countries for billionaires – CNNMoney. To read the article move ahead by clicking “Next” above the picture or under the text.
Global private wealth rises…
That’s interesting, despite the recession in the world, the number of millionaires is growing. The most significant growth of private wealth is found in Eastern Europe (by 17% to $2.7 tn) and North America (by 15.6% tp $59 tn), Middle East and LAtin America wealth rose by 11.6% and 11.1% accordingly. Overall, the total number of millionaire households in the world rose to 16.3 million in 2013, from 13.7 million in 2012. More detail is in the article by BBC.
So things are not that bad, maybe we do not have any recession/stagnation anymore? What’s your thoughts?
It appeared that emerging markets are not as bad as people think about them. When I did my research for the dissertation on how emerging markets volatile in comparison with the developed markets, I found that surprisingly, developed markets demonstrate such behaviour patterns which is just a bit better than emerging markets.
Pr. Paul Marsh from London business school confirms this, more than that, he said that last decades the developed markets had more crisis that the emerging markets. Check 4 surprising facts in this video Four surprising facts about emerging markets | 720 Investor.
Useful for those who does not get on with timing… here you may find why
I’ve recently been asked by my friend who is interested investment: “I want to start investing in stock market – where should I go, what doors should I knock at, who should I phone, what to say, etc. in order to buy my first share?”
“You need to find a broker”, I said
“Broker? Hm, I have one”
“Yes, I have my pension broker”
“Oh, no, not that one, you need a stock broker! 🙂 ”
It took me a while to explain why we need stock brokers to access securities market and what types of brokers exist. I then looked in Investopedia and found a very good explanation (as always, that’s why I love Investopedia). If you have similar questions, it worth looking here I want to start buying stocks. Where do I start?.
This is a very clever way to tell about the gold – its production, consumption and its investment features, worth a look …
The Gold Tree Infographic | Compare gold investments.
The Rule of 72 – useful stuff for understanding your financial planning and investment!
I found this article is very useful for those who starts their journey in financial planning The Planning Triad. (with a bit of advertisement though)
When you go to Russia first thing you notice may be is that people do not smile. Here I find very true explanation why… Proper Russian: Why Russians Are Not Smiling.