How rich is rich?

Beauty isn’t the only thing in the eye of the beholder. A great article published in the New York Times this week reveals “rich” is also an entirely relative term. It’s no secret that the pursuit of wealth is a pursuit in itself, and so the more we get, the more we want. Have a read and see if you agree with the scale of “how rich is rich?” Is it even a number, or a state of mind?  http://www.nytimes.com/2014/06/17/upshot/definition-of-rich-changes-with-income.html


Ben Kizemchuk is a Portfolio Manager & Investment Advisor with Altus Securities Inc. in Toronto. He offers financial planning and investment management for high net worth Canadian investors. Ben focuses on high quality investments, the Growth and Income Portfolios, low risk investing, and reducing tax.