Wealth of U.S. millionaires down 30 percent

icon gravatar.comwww.reuters.com/article/domesticNews/idUSTRE5054YM20090106
sent by Fiore since 399 days 11 hours 2 minutes, published about 398 days 17 hours 39 minutes
Get out your hankies, folks, this one is a real tearjerker. Millionaires have lost wealth and are concerned about maintaining the lifestyles to which they have become accustomed! Oh, the humanity!
tags: usa, millionaires, wealth
3 commentscategory: Business and Economy karma: 216

comments

  1. #1    Doesn't that just break your heart. To them cutting back is a new Bentley every other year - to us it is the difference between eating or not. Don't you just want to hug them for their loss?
    written by kjlovell since 399 days 8 hours 12 minuteskjlovell
  2. #2    My heart bleeds for them. Drip. Drip. Drip.
    written by Fiore since 399 days 7 hours 26 minutesFiore
  3. #3    "While they blame the government and Wall Street directly for the situation, many millionaires are not happy with their advisors' performance and few say they will increase the work they give to advisors."

    If I were concerned with my investments (not that I have any), I would invest in something with a solid foundation versus relying on the government or Wall Streets' fatally flawed systems. I suppose the ride was good for them while it lasted.

    My heart goes out to those who need to sacrifice a bit of their extravagant lifestyle. Screw the working class investors and retirees who lost their life and retirement savings.
    written by NightHawk since 398 days 16 hours 11 minutesNightHawk
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