wealth

When it comes to wealth and the creation of wealth, it's easy for someone to leave the safe harbor of facts and venture out onto the high seas of rumor. It seems everybody and their dog has the answer to creating wealth. Join this new industry, join this new company, or salt away this certain amount of money every month. And yet, even though it seems everyone knows how to create wealth, only about 1 percent of the world's population has ever actually achieved this lofty goal.


Wealth is usually defined as an abundance of material possessions. The total household wealth in the world has been estimated at about $150 trillion. However, 1 percent of adults are estimated to hold 40 percent of the world's wealth. Furthermore, the net worth of the top 1 percent of the people is approximately equal to that of the bottom 90 percent!

Money, real estate, property, etc. all contribute to one's wealth. Wealth can be categorized into three main categories: personal property (homes and cars); monetary savings (accumulation of past income); and the capital wealth of income-producing assets (real estate, stocks, and bonds).

Bloggers speaking about wealth can be found at sites like blogs.wsj and blogonwealth.

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Original Technorati articles tagged “wealth”

• in Celebrity
  Your Favorite Celebrity is a Commercial
  Kardashian: The Brand of Celebrity
  by ironsheek / on Nov 6, 2011
• in Lifestyle
  The Vigilante Era: Rebelling Against The Establishment
  Can The Watchmen become a reality in today's society?
  by makingsense / on Oct 12, 2011
• in Politics
  We Are a GREEDY Bunch, Ain't We Just?
  Quit being such a greedy bastard. It's THEIR MONEY! They EARNED it!
  by parkypundit / on Jun 29, 2011

Latest blogosphere posts tagged “wealth”

 

• What Are the Advantages of Term Life Insurance?

  
  Financial Newsline — Authority: 438
  There are two main kinds of life insurance-entire and expression -and the two have many positive aspects over the other, according to what specific requires anyone has. There are numerous of benefits to taking phrase insurance policy, even so, which make it more effective for most around entire insurance plan. Who ...
  3 hours ago

• Financial Cartoon of the Week: Halliburton Shareholder Meeting

  
  Wall St. Cheat Sheet — Authority: 603
  Cartoon artistry by top-selling cartoonist Doug Pike, author of Splattered on the Road to Wealth and the new release Less Than A Full Deck . To contact the reporter on this story: Wall St. Cheat Sheet Staff at staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: Damien Hoffman ...
  3 hours ago

• Why don’t the super-rich pay down the budget deficit?

  
  In These New Times — Authority: 119
  Yes, there is an overwhelming case for a wealth tax. But it is necessary to get the figures in perspective: total UK debt is the highest in the world at about 10 times a GDP of over 2 trillion. Most of this is bank debt for which the government is guarantor of last resort. The [...]
  3 hours ago

• Nick Clegg: Taxing success won’t revive the economy

  
  top99news - breaking news from the world top newspapers — Authority: 162
  http://www.dailymail.co.uk Nick Clegg: Taxing success won’t revive the economy Easing the burden on hard-working families is a sensible idea. But real tax cuts are paid for by reducing public spending – not squeezing ever more from equally hard-working wealth creators. published date:Fri, 27 Jan ...
  1 day ago

• Boredom Busters, Travel Deals, and Reduce Your Rent

  
  Bargain Babe — Authority: 495
  Jim Bahn / Flickr I share five must read blog posts about saving money every Friday. Asset protection strategies – How to protect your wealth from lawsuits. (MoneyCrashers) Beat monotony – Fifteen frugal ways to battle boredom . (Wisebread) Shrink your rent – How to negotiate lower rent in your ...
  1 day ago

• Wealth Cap erwirbt künftige Fondsimmobilie in Köln

  
  Cash. Online — Authority: 129
  Der Münchner Initiator Wealth Cap hat ein Büroobjekt in der Kölner Adolf-Grimme-Allee erworben, das in den kommenden zwölf Jahren an [...]
  1 day ago

• Lunar New Year Quest Request Links

  
  Farmville Hub — Authority: 124
  Share Following are the Requests link of Lunar New Year Quests that will be helpful to complete the quests that are currently on progress all you have to do is click on link that is given with images. Broom!  Cake Decoration!   FireCracker   Large Water Bottle Paint Brush ...
  1 day ago

• How to Find an Agent Who Specializes in Real Estate in Manhattan

  
  Buy and Sell Manhattan — Authority: 104
  How to Find an Agent Who Specializes in Real Estate in Manhattan   When we meet with prospective buyers, how do I know that they will hire us? Here are the top 3 traits that prospective buyers should look for in an agent.   1.  Good communication/ Responsiveness- Statistics say 80% of buyers/ sellers are ...
  1 day ago

• All About Home Equity Loans

  
  FINANCE-DEBT RELIEF — Authority: 121
  Equity is the optimum word in home equity loan. What you have left is the equity once you have started with the fair market value of a home, subtract the mortgages (first and second) and any liens against the property. In order to secure cash in the form of a loan or a mortgage, this equity can then be used as ...
  1 day ago

• Cartoon: How Mitt Romney Was Hired at Bain

  
  BartBlog — Authority: 415
  
  2 days ago

• FarmVille Lunar New Year Quests

  
  Farmville Hub — Authority: 124
  Share FarmVille is Rolling out New Quests named Lunar New Year Quests farmer’s can Start working on Clean Sweep Quest, Paint The Town Red Quest, A New Year’s Feast Quest, A New Year’s Cake Quest, Share The Wealth Quest, Celebrate Quest, Loud Noises Quest, Light SnowQuest and Apples ...
  2 days ago

• What Do People Think Of Forex Profit Predictor

  
  Your Guide To Earning Online Through Forex — Authority: 116
  Get two traders, provide them with identical commencing capital, precisely the same investing platform, the identical promote as well as identical trading process with exact regulations for entry and exit. Come again monthly in the future and what is going to you discover? One particular trader shall be up 20% plus ...
  2 days ago

• Life Insurance – Find Out How Much Of It Is Required

  
  Mortgages & Money Blog — Authority: 450
  There are a lot of common questions asked and one of the most common is how much life insurance should I purchase. There is no set answer to this but still, looking at their exact needs and situation is what each individual and family should do. Here are some broad factors to consider.
  2 days ago

• A Guide For Young Adults On How To Establish Credit

  
  Financial Newsline — Authority: 438
  A young person can feel that establishing credit may be such a big task, but he can do it with the help of a good strategy. You can start by opening a checking and savings account in your name. Now this won’t establish credit, but it’ll help you along the way and will provide credibility with financial and ...
  2 days ago

• Wealth Cap beruft dritten Geschäftsführer

  
  Cash. Online — Authority: 129
  Winfried Schülken (44) wird ab 1. Februar 2012 als Geschäftsführer des Münchener Emissionshauses Wealth Cap die Bereiche Fonds- und Assetmanagement [...]
  2 days ago

• Commodity Resource - African Footballers

  
  Africa Unchained — Authority: 116
  We have highlighted the commodity resource characteristics of football players within the continent.I would like to ask, why cant we build up an African football space comparable to South Americas professional leagues with all its consequent non-material and financial benefits? John Wilson expands on the ...
  3 days ago

• What Home Buyers Should Consider When Deciding What Type of Manhattan Housing to Buy

  
  Buy and Sell Manhattan — Authority: 104
  What Home Buyers Should Consider When Deciding What Type of Manhattan Housing to Buy   What all are the different types of homes that are on the market for real estate in Manhattan:  condos,co-ops (apartments) and brownstones/ townhomes (single family residences/ SFR).   Manhattan Inventory Landscape:   ...
  3 days ago

• The great deleveraging event – household debt has fallen 4 percent since recession hit. Household debt has fallen dramatically from the peak when household debt aligned itself with annual GDP.

  
  My Budget 360 — Authority: 442
  The debt bubble bursting has jammed the bottom line of American households.  Debt and money are synonymous for many households in our current economy.  The ability to spend, or buying capacity, is looked at in the same light as savings from many in the financial sector.  This is why data recently released shows the ...
  3 days ago

• Romney’s former Swiss bank account viewed as part of larger picture of wealth

  
  GenevaLunch — Authority: 429
  GenevaLunch.com GENEVA, SWITZERLAND – US Presidential candidate Mitt Romney, whose estimated net worth is $190-250 million, has made  public more than 500 pages of tax records after losing the South Carolina primary over the weekend to Newt Gingrich, who accused the former financial investment manager of not ...
  4 days ago

• Just Say No.

  
  Bloodthirsty Liberal — Authority: 129
  Tim Thomas did Opposed to what he called the “out of control” growth of the federal government, Boston Bruins goalie Tim Thomas declined an invitation to join his teammates at the White House on Monday. The award-winning Thomas, who last year led the Bruins to the Stanley Cup championship emblematic of National ...
  4 days ago

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