MILLION28 Sep 2005
CNN has this article today:
NEW YORK (CNN/Money) - There are 700,000 more millionaire households this year than in 2004, according to a survey released Wednesday.
This is the third consecutive annual increase, although this year’s growth rate is far more modest than the 33 percent increase seen in 2004.
Weird, it’s almost like there’s something consistently driving that growth.
“There usually is never one thing that drives the (number of millionaires) up or down,” said Jeanette Luhr, manager of the TNS research study. But, she noted, the millionaire households didn’t grow rich overnight.
Actually, there is one thing. Uh, inflation? Hello?