The global wealth transfer industry is booming.More than $1 trillion is now held by households, businesses and institutions around the world.Some of the biggest names include Vanguard Group, BlackRock, Vanguard Total Return and Bank of America Corp. But there are many others.Some have their roots in China, while others are based in Switzerland, the Netherlands, […]
WASHINGTON — A new study from the U.S. Census Bureau shows that the wealth gap between the richest and poorest Americans is widening in the wake of a recession that has left the country with one of the highest rates of inequality in the industrialized world.In its report, titled The Wealth Inequality of America, the […]
The answer depends on your specific financial circumstances.Here are a few questions to keep in mind when choosing your next investment: Is your health a top priority?Should you invest now or wait until it’s too late?Do you think you can handle a long-term, multi-year investment?Do not invest in the healthcare industry if you are financially […]
VANCOUVER — As a senior adviser at Vanguard, the global wealth management company, I often hear about the long-term benefits of investing in the stock market.I also hear about how the long run has an impact on wealth.So I asked my clients to share their thoughts on the topic.I received more than 1,000 responses.I compiled […]
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