If GDP and wealth grew at 3.5% per year then it seems only reasonable that the bondholder should have gotten a little bit less and the stockholder something more than that.
FORBES: Pimco's Bill Gross Says Stocks Were A Ponzi Scheme For The Last Hundred Years
And China, despite its growing wealth, accounts for just 3% of global trade.
He set out what might happen if American house prices fell by a massive 20% in 2007-08, assuming that an extra dollar of housing wealth changed consumer spending by 3.8 cents (as in the Fed's own model).
This article reflects flaws seen in previous op-eds by Madoff. (1) It would treat the estates of farmers and small businesses differently than other estates, without explaining why concentrations of wealth are appropriate for some but not for all. (2) It does not (and her previous articles inadequately) address the problem of taxing some wealth twice. (3) It favors spenders and consumers over savers. (4) It advocates paternalism over autonomy.
FORBES: Should An Income Tax On Inheritance Replace The Estate Tax?
The Federal Reserve reports that women control 51.3 percent of all wealth in the United States.
In general they stimulate in year 3 to create a wealth effect in year four and it works and everyone is happy.
FORBES: Jeremy Grantham Warns 2013 Will Be A Dangerous Year For Stocks
Saudi Arabia's population growth rate, after years of wealth, is higher at around 3.5% than that of many African countries, and the demographic bulge means that half the population is under the age of 18.
In theory, new social policies should be able to spread the wealth in this nation of 1.3 billion.
FORBES: By The Time Obama Leaves Office, U.S. No Longer No. 1
The value of all gold in the world is only some 12% of US financial wealth: and of course a much smaller portion of global wealth (at a rough guess, 3%, maybe 4%).
Corporate tax rates are now at 30-year lows as a percentage of GDP and it is therefore not too surprising that those 6.6% historical real returns were 3% higher than actual wealth creation for such a long period.
FORBES: If Even Bill Gross Of Pimco Gets This Wrong What Hope For The Rest Of Us?
The problem with that being that when you started to modify it using all of the things that we already do to redistribute wealth it came well down, down to 3 or 4 to 1 (please note, this is not about the top 1%, where the wealth disparities are much larger).
FORBES: The Problem With The Wealth Inequality In America Video. It Commits Worstall's Fallacy
These include extra levies on those who pay the wealth tax, higher inheritance tax, an extra 3% tax on dividends, heavier charges on stock options, higher taxes on financial transactions, banks and oil firms, and a 5% extra tax on big companies.
The assets in question amount to 3% of Mr Thaksin's net wealth, which he had no need nor intention to conceal.
The region saw a 9.7% increase in high net worth individuals wealth over the last year, with a total of 3.3 million people swelling the ranks.
FORBES: World's Rich Richer Than Ever; Wealth Growth Beats GDP Avgs
In terms of types of financial wealth, the top one percent of households have 38.3% of all privately held stock, 60.6% of financial securities, and 62.4% of business equity.
Last week the PBS talk show To the Contrary broadcast results of a new study it had commissioned from a New York University economist: he claims that women now control a majority--51.3%--of U.S. household wealth.
In financial wealth, the figures are even more startling: 42.7%, 50.3%, and 7.0% respectively.
Relying on 3 percent pay increases every year throughout your career is not a way to build wealth.
The fall in share prices has already reduced the level of household wealth in America from a peak of 4.2 times personal incomes two years ago to 3.4 times now.
Even factoring in inflation, which ran between 2.5% and 3.5% for most of the decade, a home purchase really did produce wealth for anybody who opted to sell some stocks and buy at around the time the dot-com crash got rolling.
The estimate is derived from the trend line shown in Exhibit 3.(4) Subtracting a 3.0% inflation rate would net a respectable 5.92% annual rate of real wealth increase.
"If I buy nominal Treasurys right now, I can basically earn 0% in a 3%-inflation environment, so I'm losing 3% in real terms per year, " says Carl Friedrich, chief investment officer at Piermont Wealth Management in Woodbury, N.
WSJ: Upside: Looking for Inflation Protection? Take TIPS off Your List
应用推荐