Tag: rich

Why Retiring Early Is Obviously Better Than Retiring Rich

There are two things most financially-conscience people aspire to: retiring rich or retiring early. But which is better? Many people who haven’t retired believe early retirement sounds fantastic, especially since so many are disengaged from work. On the other hand, who wouldn’t want to retire rich? However, to retire rich, you typically have to work [...]read moreWhy Retiring Early Is Obviously Better Than Retiring Rich

Rich Asian investors are hot on gold, offsetting jewelry slump

By Bloomberg Published Jul 30, 2024 Soaring gold prices are hobbling demand for traditional applications like jewelry and dentistry, but wealthy Asian investors’ voracious appetite is more than offsetting the other declines. Sky Gold Ltd – Sky Gold – Facebook Strong physical bar buying in the over-the-counter market, particularly by family offices in Asia, helped [...]read moreRich Asian investors are hot on gold, offsetting jewelry slump

China’s rich ditch flashy luxury as global sales stall, says Bain

By Reuters Published Jun 18, 2024 China’s richest people are avoiding flaunting their wealth in favour of more discreet fashion, according to a report published on Tuesday by Bain consultancy that predicted the weakest global luxury market since the height of the pandemic. Louis Vuitton Global sales of personal high-end goods – spanning clothing, accessories [...]read moreChina’s rich ditch flashy luxury as global sales stall, says Bain

Getting Rich By Getting Lucky Actually Feels Better Over Time

Originally, I planned to title this post, “Getting Rich by Getting Lucky Doesn’t Feel So Good.” However, after some time, I realized that getting lucky actually feels better over time! This change in sentiment has profound socioeconomic implications, as it may lead us to hoard our wealth and create more inequality. Luck may also lead [...]read moreGetting Rich By Getting Lucky Actually Feels Better Over Time

Schott relaunches in UK via Rich London and Kippered link

Schott NYC is making a comeback in the UK for AW24. After a three-year absence, citing Brexit as the reason for its departure, The New York brand makes its return via PR agency Rich London and sales agency Kippered “to regain visibility on the UK fashion retailer and consumer’s radar”. Schott Best known for its [...]read moreSchott relaunches in UK via Rich London and Kippered link

The Best No Income Tax States To Work And Get Rich

Income taxes can hinder wealth creation. Fortunately, for Americans seeking to save on taxes, there are nine states without income tax where we can choose to reside. These states are listed below in alphabetical order: Alaska Florida New Hampshire Nevada South Dakota Tennessee Texas Washington Wyoming Ideally, you’ll secure a fantastic job and find your [...]read moreThe Best No Income Tax States To Work And Get Rich

Lessons From the Rich That Took Me from $0 to a $1,000,000+ Business

Want to be a millionaire or build a business that brings in seven figures? Want generational wealth and to be debt-free? Want to know that you have enough money to take big risks while still keeping your bank account safe? If so, you need to start thinking like the rich to begin building wealth the [...]read moreLessons From the Rich That Took Me from $0 to a $1,000,000+ Business

New Lost In Cult Book Chronicles The Rich History Of Console Gaming

The long history of video games is full of interesting stories, and if you’re looking for some reading material on the subject, you can lock in a preorder for The Console Chronicles for $40 at Amazon. Out on October 1, this hardcover book published by Lost in Cult chronicles five decades of console gaming through [...]read moreNew Lost In Cult Book Chronicles The Rich History Of Console Gaming

Rich Chinese tourists drive luxury demand in Japan on weak yen

By Bloomberg Published Apr 17, 2024 LVMH’s first-quarter results brought reassuring signs that wealthy Chinese shoppers are splashing out on luxury items — just not in China. See catwalkLouis Vuitton – Fall-Winter2024 – 2025 – Womenswear – France – Paris – ©Launchmetrics/spotlight The world’s largest luxury group — with 75 brands ranging from Louis Vuitton [...]read moreRich Chinese tourists drive luxury demand in Japan on weak yen

The Rich Pay More Than Their Fair Share Of Income Taxes

The rich are frequently criticized for not contributing their fair portion of taxes. However, when examining income taxes, it becomes evident that the wealthy actually contribute more than their fair share. Here’s a chart displaying the proportion of income taxes paid by different income groups from 2001 to 2021. In 2001, the top 1% (considered [...]read moreThe Rich Pay More Than Their Fair Share Of Income Taxes