NounSingular wealth Plural uncountable wealth (uncountable)
Synonyms
Derived termsFrom Wiktionary under the GNU Free Documentation License. Wealth is the abundance of valuable resources or material possessions or the control of such assets. The word wealth is derived from the old English wela, which is from an Indo-European word stem. An individual, community, region or country that possesses an abundance of such possessions or resources is known as wealthy. The concept of wealth is of significance in all areas of economics, especially development economics, yet the meaning of wealth is context-dependent and there is no universally agreed upon definition. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts. Defining wealth can be a normative process with various ethical implications, since often wealth maximization is seen as a goal or is thought to be a normative principle of its own. Although precise data is not available, the total household wealth in the world has been estimated at $125 trillion in year 2000. 90% of this wealth is held by people in North America, Europe, and high-income Asian countries, and 1% of adults are estimated to hold 40% of world wealth, a number which falls to 32% when adjusted for purchasing power parity. From Wikipedia under the
GNU Free Documentation License How does Obama remark "spread the wealth around" makes one a Socialist? Q. We do not need to hoard the wealth but use our wealth to help those who can't help themselves like disabled veterans, familes who can't afford healthcare and prescription medicine. Kids who do not have the money to attend College. Special needs children who need private care. The millions of unemployed in our nation. Spread the wealth around. You may be the next person who need assistance because of un expected occurences in your life. Spread the wealth around. Asked by Real Truth - Sun Oct 19 12:43:42 2008 - - 18 Answers - 0 Comments A. VERY GOOD. I've been debating this for months with friends. We have become a country where we would rather take $200 and purchase a new iPod than use it to help another American. These taxes go to building roads, bridges, hospitals, schools, libraries, and the works. It goes to supporting our education. America has become a place where if someone takes some money from you to help the rest of the country and you're all of a sudden not able to upgrade to that 50" plasma, that person must be a socialist... This country seriously needs to re-evaluate its values... Answered by thenegativetruth - Sun Oct 19 12:51:58 2008 I read the key to wealth is turning earned income into passive income. What is the best way to do that? Q. I read that the key to wealth is the ability to turn earned income or money you work for into passive income, incremental money you receive each month or on some recurring basis that you dont work for. Though that sounds great in theory how does it work in practice? I know rental income is a form of passive income. Can anyone think of other ways to make money that is not tied to your labor? Asked by the man - Wed Nov 29 14:14:01 2006 - - 5 Answers - 0 Comments A. Instead of talking theory, I will explain exactly how you can do this. Open a Roth IRA account. Deposit $4000 a year into the account. Invest the deposited money into a diversified portfolio of equity investments. Historically equity investments have returned about 10% annually and some much more 14%. Assuming 10% average annual return in 35 years your account will contain over $1,000,000 and it will be earning a passive income of $100,000 on average annually. Now here is the best part. Because it is in a Roth IRA account all that money will be tax free. WOW. Answered by muncie birder - Wed Nov 29 15:37:00 2006 What is so immoral about spreading the wealth?
Q. The wealthy had an unfair advantage and an unearned privilege passed down to them from the backs of other people. They didn't work hard to gain any success, other than stealing and lying. U call that work? What is so unfair about spreading the wealth, when they stole everything from everyone to get wealthy in the 1st place? Asked by Liberal Guy - Tue Sep 8 22:32:13 2009 - - 31 Answers - 0 Comments A. Precisely. The redistribution of wealth from the bottom to the top has gone on since Pharaoh first decided he needed a large pyramid in the desert. Actually, it probably started LONG before that. And it has often gone the other way, too. It is nothing new, nothing to do with socialism, nothing revolutionary or even radical. That's just STUPID. The crackpots who whine are the ones who see only a dollar to two coming out of their wallets. They never stop to realize their industry probably takes more in the front door from the same redistribution than goes out, but then, they don't even understand that medical insurance, even the private kind, involves "redistributing wealth" every single day, and "pooling risk" and "rationing", too.… [cont.] Answered by Feldwebel Schultz - Tue Sep 8 22:50:11 2009 From Yahoo Answer Search: "wealth" Quotes about wealth. ContentsSourced
From Wikiquote under the GNU Free Documentation License.  news.google.com DailyFinance The rich have enjoyed over a 100% increase in wealth in the last two decades. While the poor man has only increased their wealth by only 10%! ... and more » news.google.com Mail & Guardian Online Last week the Financial Services Board (FSB) spent three days in court arguing why certain businesses within wealth management company Dynamic Wealth should ... news.google.com GPS World magazine This effort is a way to share with Africa and Africans the wealth that GNSS has brought to the developed world. Africa's 2006 Science and Technology Plan of ... From Google News Search: "wealth" From Yahoo Image Search: "wealth"  marketwatch.com unknown hu, 04 Mar 2010 02:12:46 GM To learn that your mutual-fund firm's lineup posted negative returns over a decade is one thing; to realize that almost $60 billion of investors' . wealth. was wiped out is another matter entirely.  frugalplus.com Jill Wed, 03 Mar 2010 14:02:58 GM Inherited . wealth. can be a blessing or a burden. Money can provide education, comfort, travel, and culture; or it can drain ambition and meaning, cause guilt, or instill a toxic sense of entitlement. The question becomes how to raise ...  newcommbiz.com Jason Moriber Wed, 03 Mar 2010 17:37:32 GM The owners of industry have crafted a new way to pull the . wealth. UP from the bourgeoisie; through the unpaid labors of well educated, elsewhere-funded, workers who aim to move up the long-gone notion of the career ladder. ... From Google Blog Search: "wealth"
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Wealth is a Zero-Sum Game
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