Tuesday, July 31, 2012

Hoard

William asks…Do the wealthy and ulra rich just hoard their money or do they contribute to thousands of service businesses?OK we have many votes for charitable giving.. But what about thier contribution to the service industries that are such a big part of our economy now. Do you think they are a big contributor? Or are they hoarding their money and living in squalor like Ebenezer Scrooge?Anne answers:The 'rich' do not hoard their money (if they did they would not be 'rich' for very long).

What the rich do is invest their money.

Where do you think that 'venture capital' for new business

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