Who wants to be a millionaire? A lot of people I guess, but nowadays it isn’t longer a synonym for being rich. With the rising costs of living and with the long retirements, financial experts say that that the new benchmark is $5 million. Financial advisers say that the multimillionaire clients are the fastest-growing segment. Though we must ask our-selves the question why we need more money to survive. The answer is easily. Because we live longer, we spend longer money. Of course, as we see in the article isn’t money as much worth in one part of America as in the other part.
Most of the multimillionaires today made their wealth in three ways. The first one, the real estate market created an enormous wealth. The baby boomers have gained a lot of money with it. The next one is the business buyouts. The third one, the technology boom has created a lot of wealth, but it has left also a lot of millionaires in its wake.
But the latest trend with millionaires is that they use their money to try to effect the global change. They put also money in social causes, but they want a social return on investment for it.
Being a millionaire is a dream for many of us, but I think you may not underestimate the social pressure. People expect a lot of the wealthy people, but it’s indeed a fact, that they also must secure their future. As we see in the article, you can’t stop working after winning the big lot. So being a millionaire is nowadays not a security of a nice and wealthy life.
Most of the multimillionaires today made their wealth in three ways. The first one, the real estate market created an enormous wealth. The baby boomers have gained a lot of money with it. The next one is the business buyouts. The third one, the technology boom has created a lot of wealth, but it has left also a lot of millionaires in its wake.
But the latest trend with millionaires is that they use their money to try to effect the global change. They put also money in social causes, but they want a social return on investment for it.
Being a millionaire is a dream for many of us, but I think you may not underestimate the social pressure. People expect a lot of the wealthy people, but it’s indeed a fact, that they also must secure their future. As we see in the article, you can’t stop working after winning the big lot. So being a millionaire is nowadays not a security of a nice and wealthy life.
Els
source: http://www.msnbc.msn.com/id/20586948/
1 opmerking:
I think money does make happy. Isn't it nice to be able to buy a new car when you need one without facing financial problems. Or to be able to go to a restaurant more often. I think everyone would like to have some extra money but you won't get it for free. I think that when you want to have some more money or be rich, you should work for it.
Kathleen
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