Man Who Lost $15 Million Gives Advice on What Not to Do With a Windfall


Updated 04/24/12 3:10 AM · Posted by · 0 comments

How to Manage a Windfall

Investor James Altucher lost $15 million in 2000, a time in which he says he lost his family, his house, his health, and his "fake friends." In a recent editorial on TechCrunch, Altucher gives advice to the soon-to-be Facebook millionaires on what to do when they come into their riches. Here are some of his recommendations: Don't change your lifestyle for one year. Don't invest yet. Save your Read more

9 Uber Luxurious Christmas Gifts From Neiman Marcus


Updated 03/19/12 10:09 AM · Posted by · 0 comments

Expensive Neiman Marcus Fantasy Gifts

The Neiman Marcus Christmas gift guide always has a number of over-the-top items, and this year is no different. These gifts are so far out of reach for the average Joe, but it is entertaining to look through them to see how extravagant they are. Have $1 million to drop on a customized fountain? Want to spoil your friends with a $450,000 flower show tour around Europe in a private jet? Read on to Read more

6 Must-Have Millionaire Habits


Updated 03/16/12 4:31 PM · Posted by SavvySugar · 4 comments

Good Habits of Millionaires

Acquiring wealth isn't a priority for everyone, but it's safe to say that most of us want to live comfortably. Whether you're striving to gain a financial peace of mind or shooting to be a cash money queen, these six basic habits of millionaires will help you land on your feet. Read more

Buffett Wants Higher Taxes For the Über-Rich


Updated 03/16/12 4:02 PM · Posted by · 2 comments

Warren Buffett's Op-Ed New York Times Piece

In an op-ed piece in The New York Times today, billionaire philanthropist Warren Buffett eloquently advocated his belief that the superwealthy should be taxed more and that the government should quit "coddling" them. Here's an excerpt: Our leaders have asked for "shared sacrifice." But when they did the asking, they spared me. I checked with my megarich friends to learn what pain they were Read more

Do You Have the Facial Features to Become a Billionaire?


Updated 05/31/11 8:49 AM · Posted by · 5 comments

How Do Looks Affect Success?

High forehead? Check. Flared eyebrows? Check. Billionaire? Check! According to a new study, if you share some of these certain facial traits found on the UK's richest men and women, you're more likely to be successful. The Daily Mail listed some of the facial characteristics that might propel you towards the ranks of the wealthy and fabulous: Roman nose. "Has an eye for a bargain, very cost Read more

How Much Do Millionaires Need to Feel Rich?


Updated 03/18/11 10:49 AM · Posted by · 3 comments

What Does It Take to Be a Millionaire?

Apparently most US millionaires feel poor if they don't meet a certain quota, according to a recent Fidelity Investments poll. Those who responded to the annual "Millionaire's Outlook" survey were worth at least $1 million, which doesn't include how much they have invested in retirement or real estate. It's pretty baffling to know that the rich simply don't know they are wealthy. Take a guess, Read more

Warren Buffett's Son Is Happy About Not Inheriting Billions


Updated 03/04/11 2:31 PM · Posted by · 1 comment

Who Are Warren Buffett's Children?

You would think Peter Buffett, 52, would be upset over not inheriting his father's billions (Warren Buffett pledged to give most of his fortune away to charity), but Peter actually views it as a positive move. He believes that because he knows there is no billion-dollar inheritance waiting for him, it has actually driven him to make something of himself — a musician with an Emmy on his belt who Read more

Savvy Links: Talking About Money With Friends


Updated 05/24/12 12:55 PM · Posted by · 0 comments

Talking About Money With Friends

Talking about money with friends — The Billfold Five work rules you should break — Real Simple How to avoid luggage fees this Memorial Day — LearnVest "Do what you love" is bad advice — Free Money Finance Secrets when you're grocery shopping for one — The Daily Muse Why this writer thinks being a mom is not a "real job" — HuffPost Women 10 inexpensive weekend getaways anyone can Read more

The Millionaire Matchmaker Tells Us How to Get Married in a Year


Updated 02/28/11 9:20 AM · Posted by · 20 comments

Millionaire Matchmaker Patti Stanger Interview

I already gave you Patti Stanger's — aka The Millionaire Matchmaker — relationship advice for celebrities, but now I have her diamonds of dating wisdom for you. At least if you want to get married in the next year! Actually, her advice could be applied to anyone dating or in a relationship, but her new DVD Married in a Year sets the rules for any woman hoping to walk down the aisle next Read more