How much money would it take for you to "feel" wealthy?
By CNN's Jack Cafferty:
Turns out $1 million still isn't enough money to make some people feel rich.
A new survey of millionaires finds more than one-quarter of them say they don't feel wealthy, but they would if they had an extra $5 million.
The Fidelity Investments Millionaire Outlook Report finds the average millionaire is about 60 years old and has at least $3 million in assets.
The survey also shows 14% of today's millionaires say they grew up wealthy while a whopping 86% describe themselves as "self-made."
And according to this report, millionaires' outlook on the future financial environment is the highest it has been in the survey's history. Let's hope they're right.
Meanwhile, there are a million different definitions for what being "wealthy" means.
I bet it's safe to say Mitt Romney's idea of wealthy is a far cry from your idea or mine. Wealth is relative in many ways. If you are free from financial worry, have enough set aside to secure your retirement and can afford a few luxuries such as vacations, maybe a second home or a fancy car, you may well consider yourself wealthy.
But for the Donald Trumps of the world, too much money is never enough. They are driven continually to amass more wealth, buy another company, make another deal. Sometimes not stopping to appreciate what they have. And the accumulation and management of that kind of money involve tremendous stress and energy.
The saying - "Money can't buy happiness" - is true, but it can buy peace of mind.
Here’s my question to you: How much money would it take for you to "feel" wealthy?
Interested to know which ones made it on air?
With 8.2% unemployment, why does nobody want 200,000 trucking jobs?
By CNN's Jack Cafferty:
With 8.2% unemployment, here's something that will likely surprise you about America's job market:
Companies say they've had 3 million job openings every month since February - this according to the Labor Department.
But employers say they're having trouble filling these positions because they can't find skilled workers to do the jobs.
Bloomberg News reports that in order to narrow this "skills gap," employers are teaming up with philanthropies, governments and community colleges to train their existing workforce.
Places like hospitals are taking the lead, turning to their own staff to train technicians and nurses. Also, factories and construction companies are stepping up apprenticeships.
Employers say it's not just technical skills that workers are missing - they point to so-called "soft skills" - things like the ability to solve problems, think critically and work in teams.
In other words, a lot of Americans are too stupid to do the jobs that are available. Pretty sad.
CNNMoney.com has another surprising example of jobs going unfilled: there are 200,000 jobs available for long haul truckers that nobody wants.
Experts say the positions are hard to fill since it's difficult and expensive to get certified.
Plus the lifestyle of a trucker isn't easy. Long days on the road often living in the back of a truck, separated from family and friends and working crazy hours.
Still truckers earn an average of almost $40,000. That's $4,000 more than the median wage for all jobs.
You'd think people looking for work would jump at the chance.
Here’s my question to you: With 8.2% unemployment, why does nobody want 200,000 trucking jobs?
Interested to know which ones made it on air?
@jackcafferty on Twitter
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