Emlyn Scott

Emlyn Scott is the founder of Rich1Percent, investor and wealth creation author. He is a wealth creation and finance expert with 4 post graduate qualifications (BEc, GDAFI, MBA, CFA) from over 10 years of post graduate study and over 15 years of hands-on finance and investment experience. He has amassed a multi-million dollar investment portfolio and is author of Wealth Buys Freedom, which describes the wealth creation formula. For a more detailed biography of Emlyn Scott click here. He can be contacted at emlynscott@rich1percent.com.

Published on 04/11/2008

Interesting facts and figures for May 2008...

Interesting Facts and Figures for May 2008...

2.1 million The number of Americans with a home loan that missed at least one payment at the end of last year. Source: Mortgage Bankers Association	18% The percentage of workers that are very confident they will make it to retirement with enough money. Source: Employee Benefit Research Institute
$37 billion The total amount that Switzerland's biggest bank, UBS, has disclosed in sub-prime-related losses. Source: MoneyWeek	50% The percentage fall in mortgage approvals for house purchases in the UK since March 2007. Source: British Bankers Association and MoneyWeek
51% The percentage of people with more than $500,000 in investable assets that agree with the statement "As I have accumulated more money in my life I have become happier." Source: PNC Wealth Management: Wealth and Values Survey	$2.4 trillion The amount estimated that has been lost in the U.S. since the falls began. Source: MoneyWeek
12 million The number of Britons, representing one in five people, that say they will cut back on a summer break due to financial concerns. Source: Mintel survey quoted in the Independent	$945 billion The total amount of possible losses stemming from the U.S. mortgage crisis. $232 billion has been written off so far. Source: IMF via Bloomberg