Randy Jones | March 24, 2009

Healthy, wealthy, wise: Studies say the rich are smarter than the poor when it comes to taking care of themselves. They don’t smoke; they are proactive in managing their health; they take their prescription medications properly. And they live longer as a result. But will economic stress narrow that gap? And more important, how can the rich and intelligent help to spread their good health and longevity down the socioeconomic chain? Thoughts?

Category: Money and Meaning, The RMIT Life | No Comments »
Tags: health care, Johns Hopkins, Linda Gottfredson, University of Delaware

Randy Jones | March 12, 2009

I have never personally known anyone to win the lottery—until now. Recently my first cousin and her husband won the Georgia Lottery, to the tune of $133 million. That sum will go a long way, especially in these recessionary times, in Carrollton, Georgia, population 22,000. They are now the richest folks in town. On hearing the […]

Category: Investing and Wealth Management, The RMIT Life | No Comments »
Tags: Carrollton, Georgia, Georgia Lottery, Worth

Randy Jones | February 27, 2009

No one feels sorry for the rich, but the rich are people too, and this financial crisis has shaken them to the core, just as it has the less fortunate—all of us really. I’m not suggesting that you pick up the violin for the top 1 percent—those who still control over 35 percent of the nation’s total wealth, albeit dwindling; I’m simply reporting that their pain is real, too. They’ve seen their stock portfolios ravaged, their real estate values decline and their companies (the source of most of their wealth) affected by this economic tsunami. So how are they reacting?

Category: Money and Meaning, The RMIT Life | No Comments »
Tags: economic crisis, Georgette Mosbacher, recession, Roberto deGuardiola, The Rich Are People Too