Number of Millionaires Hits All Time High

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…

Even as the ranks of the mass affluent grew, the pace slowed because of “weakening global economic growth and a contentious U.S. political environment,” said Spectrem Group President George Walper.

Full article at Bloomberg

6 Comments

      • Good question because. Some seem like they’re good and turn out to be a money pit. I like the idea of investment options however I always make sure I talk with my investment manager to help me understand and to choose a moderately to a small ratio that would pay more but have bigger risked. That way. It seems safer for me because I’m actually saving money for the future and if the returns are good in my higher but smaller price of the pie. I’m golden. However if I loose I’m not loosing everything. That’s all I got hope it helps. Happy New Year 🎊

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