Quote:
Originally Posted by will76
Where are the sources ? While I general believe as you do and the points you are making I think you are swinging way to the extreme.
is t his networth millionaires or people who make million dollars a year in income etc... "millionaires" needs to be defined. Someone can own a million dollars worth of property and only make 50K a year from it or less. If it is just net worth, gathering a million dollars of networth over your life time is not a hard thing to do if you have a decent income and invest money instead of blowing it all.
I've always read and been told that more millionaires are made from:
1. Lotto
2. Inheritance
3. Law suits
than anything else.
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http://www.nytimes.com/books/first/s...llionaire.html
It's about his book "Millionaire Next Door", that NY Times article is a pretty good summary of it...
probably get the book though, the book isn't really that great, but it's filled with interesting, eye-opening facts, worth checking out if you are interested in learning more...
