They are also giving less.
http://www.nytimes.com/2008/05/29/b...em&ex=1212206400&en=9c8e48eb1cc86442&ei=5087
http://www.nytimes.com/2008/05/29/b...em&ex=1212206400&en=9c8e48eb1cc86442&ei=5087
Quote from 50_Bip:
Financially speaking, I am doing better that I ever have in my life. Sounds like these people have no wealth diversification whatsoever, or perhaps they shouldn't have had this weatlh in the first place!
You know the saying, "A fool and his/her money are quickly departed."
Quote from ByLoSellHi:
Wives from Greenwich and Scarsdale are selling 2-carat to 35-carat single-stone diamond rings. One recent client explained to Mr. Del Gatto that she was selling $2 million in diamonds she rarely wore, because her friends wouldnât notice that they were gone.