Current Events Archives - Page 12 of 14 - The Millionaire Next Door

The Millionaire Next Door – Not on the Supreme Court

6 Comments / Current Events / By Thomas J. Stanley

Several recent articles have been published about the parochial character of the members of the United States Supreme Court. The themes of these articles have centered around political orientation (conservative vs. liberal), religion, and the fact that there are no longer any WASPs (white, anglo-saxon protestants) on the court. Historically, the entire Court was composed of WASPs. These factors …

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Long on Mortgage; Short on Wealth

3 Comments / Current Events / By Thomas J. Stanley

In a recent article, The New York Times profiled those people who have defaulted on unpaid mortgages of $1 million or more. The author contends that “the rich have stopped paying the mortgage at a rate that greatly exceeds the rest of the population. . . more than 1 in 7 homeowners with loans in excess …

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Wealth Building Lessons from the World Cup

5 Comments / Current Events / By Thomas J. Stanley

It is unfortunate that much of the information emanating from the World Cup focused on bad officiating. No doubt the officiating was not of the same caliber as the athletes. In fact, much of what was written about the championship game centered around the claims by many of the Netherlands’ players, supporters and even some …

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Bad Hair Day!

5 Comments / Current Events / By Thomas J. Stanley

I have noticed in the last week or so that I have felt more excited, proud, interested and attentive. Conversely, I have felt less hostile, ashamed, nervous, jittery and guilty. I thought this euphoria might have something to do with the upswings in the sales of my books or possibly the new Toyota 2010 4-Runner brochure I received. …

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Millionaire Housewives?

7 Comments / Current Events / By Thomas J. Stanley

In Stop Acting Rich, I point out that only about 27% of those who live in million dollar homes have a million dollars in investable assets. I believe the greatest detriment to building wealth is our home/neighborhood environment. If you live in a pricey home and neighborhood you will act and buy like your neighbors. …

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Listen to Your Analyst!

1 Comment / Current Events / By Thomas J. Stanley

When my career first started, USA Today published excerpts from my national study of millionaires. That morning a reporter from CBS Radio called me at home. After responding to the who, what, when, where, how and why questions, I had to deal with one more. The reporter asked, “Dr. Stanley, are you a millionaire?” I told her …

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Another Reason to Stop Acting Rich

4 Comments / Current Events / By Thomas J. Stanley

Most of the millionaires whom I have interviewed understate their true wealth. They get little satisfaction from displaying expensive artifacts which are suppose to define success in America. But there is another important reason for not conspicuously broadcasting one’s net worth. It has to do with issues of safety and security. Take for example the comments made by …

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Bad Economy? Thank You, I Didn’t Know

1 Comment / Current Events / By Thomas J. Stanley

In the year prior to our economic meltdown, 16 million passenger vehicles were sold in the United States. This year I estimate that less than 12 million will be sold. Certainly this is a serious decline. In spite of this decline, I believe that some people can still make a good living selling cars and a lot …

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Big House; No Cattle

5 Comments / Current Events / By Thomas J. Stanley

A recently published article in The Wall Street Journal indicated that nearly 15% of “homeowners” with outstanding mortgage balances of $4M or more were at least 90 days overdue in their payments. That is nearly twice the rate for all home loans. In America today there is growing number people of the “big house, no cattle” …

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The Vanishing Frugal Lifestyle

8 Comments / Current Events / By Thomas J. Stanley

What is the most often asked question regarding the material contained in my latest book, Stop Acting Rich? “When the economy improves will people give up the frugal habits they adopted during the most recent economic meltdown?” Most of the people who ask this believe that frugality is here to stay. But I am of a …

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The Millionaire Next Door

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Current Events

The Millionaire Next Door – Not on the Supreme Court

Long on Mortgage; Short on Wealth

Wealth Building Lessons from the World Cup

Bad Hair Day!

Millionaire Housewives?

Listen to Your Analyst!

Another Reason to Stop Acting Rich

Bad Economy? Thank You, I Didn’t Know

Big House; No Cattle

The Vanishing Frugal Lifestyle

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