Profiles in Personal Finance: William V. Roth Jr.

A Roth IRA is one of the simplest – and potentially the most effective – sheltered retirement account imaginable. Most people interested in personal finance find it very beneficial to become familiar with this tool as quickly as possible. Usually, this doesn’t include finding out who the Roth IRA is named after.

The man who gave his name to the Roth IRA was William V. Roth Jr., an American lawyer and politician from Wilmington, Delaware. Mr. Roth, a Republican, Continue article...

Profiles in Personal Finance: Warren Buffet

Warren Buffet also known as “The Oracle of Omaha,” with a net worth of around $36 billion, ranks as the second third richest man in the world, just behind his friend and bridge partner Bill Gates. He came from a small town, leads a relatively simple life, and never forgot his roots, not only that he is also a great philanthropist.

Arguably the greatest investor of all time, Buffet is chairman of Berkshire Hathaway. With his uncanny ability to detect undervalued Continue article...

Profiles in Personal Finance: Carlos Slim

Carlos Slim is currently the richest man on earth with 67.8 billion dollars in his account. His fortune has grown an average of 3.5 billion dollars a month so far this year.

He lives in Mexico, a country where more than half the population struggles in poverty. Slim controlled companies currently account for nearly half of the entire Mexican stock exchange’s value.

Slim’s ascent up the world wealth league has been very rapid. Here’s a look at who he Continue article...

Profiles in Personal Finance: John D. Rockefeller

I thought it might be interesting from time to time to learn about and profile some of the most interesting and influential characters in the world of money. Who better to begin with than the man considered to be the richest man of all time, John D. Rockefeller.

John Davison Rockefeller, Sr. was an American industrialist and philanthropist. Rockefeller believed since he was a child that his purpose in life was to make as much money as possible, and then use Continue article...