More Millionaires In America Than There Are Swedes

Bloomberg

The number of wealthy households in the U.S. reached a new high last year, roughly equivalent to the entire population of Sweden or Portugal.

More than 10.2 million households had a net worth of $1 million to $5 million, not including the value of their primary residence, according to a survey by the Spectrem Group. That’s up 2.5 percent from 2017. More

8 Comments on More Millionaires In America Than There Are Swedes

  1. Trump’s tax cuts, a thriving economy, real GDP growth, a vibrant stock market and timely deregulation that has unleashed that dynamo which is free market capitalism, we are in the sweet spot for economic prosperity.

    And then there is Beto, AOC and gramps Sanders, all lying in the wings to rain on every one’s parade.




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  2. Being a millionaire ain’t what it used to be. If you’ve owned a house in California for more than 10 years you probably are one.




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  3. You can have a good nest egg and your wife dies of cancer then what?
    The money means little.
    A good companion is worth more than money.
    Trust me.
    I know.




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  4. I’m one, and I just work, I’m no entrepreneur with a killer business plan. Some property left by parents helped, of course. I have no kids, but becoming well off is no good reason not to have them.

    Also, it could all vanish if I get hit with bad luck, like a serious illness or an earthquake taking out my home, When me and my wife pass, some charities are going to get a lot of money, if luck holds out.

    I thank God for my wealth. From a socialist screw-up in the 1970’s, I’ve become a productive member of society.




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