Best Financial Deals.com
The BestFinancialDeals.com Rating System
Comments
Best Financial Deals will try to rate all the deals that we find on a 1-5 star system. What will affect the ratings? The amount saved will score the most, but other considerations will be how easy it is to do, as well as the reputation of the company offering the financial deal.
SCALE
Excellent Deal!
Do not hesitate, this is as good as it gets, and it’s easy to do too!
Great Deal!
Pretty good one. More than worth the effort.
Good Deal
If you have the time and don’t mind putting in the effort.
OK Deal
Only if you really have nothing better to do. May be more hassle than it’s worth.
Poor Deal
Gosh, did we really spend our time thinking about this one?
World now has 10 million millionaires, report says
Comments
World now has 10 million millionaires, report says
09:24 AM CDT on Wednesday, June 25, 2008
Associated Press NEW YORK – Add an extra zero to the ranks of the millionaires club. The number of people around the world with at least $1 million in assets passed 10 million for the first time last year, according to a new report. And their bank accounts are growing even faster. more…
An interesting article, but the most interesting part is this:
Cash deposits and fixed-income securities accounted for 44 percent of the assets of the world’s millionaires, up from 35 percent in 2006.
What do the world’s millionaires know that we don’t? Perhaps they’re smarter and have diversified out of securities (stocks, options), or perhaps the portion of the portfolio made up of those securities have just declined in value! At any rate, seems like the world’s rich are heavily invested in savings, fixed-income, and possibly CDs at the moment. Maybe you should be too!
