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Monthly Archives: May 2007
Bankruptcy by those over 55 outpacing the general population
A recently published study from the American Bankruptcy Institute shows that filing rates for Americans over 45 are increasing larger than any other category of bankruptcy petitioners. With the fastest growing segment of filers coming in the over 55 category. … Continue reading
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Quote of the Day: “At a time like this, who can lose money?”… A 60-year old cleaning woman
“At a time like this, who can lose money?”… Quoted from a 60-year old cleaning woman in the southwestern city of Chongqing, China. Lauded in the media as a market wizard after doubling her 20,000 yuan (US$2,600) investment in two months (Chongqing Morning … Continue reading
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How the rich get rich and other fables
It has always been the promise and hype of the investment sales world that people get rich by buying equity investments. A new study by The Harrison Group finds that of the 930 million Americans who have more than $5 million … Continue reading
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