Columbia Basin, Ephrata, WA | Excalibur - 4/16/2024 23:21
New standard is Deca-millionaire. Pretty sure that crowd and above gained, while others are left in the dust. A Deca millionaire most likely saw a 40% increase in wealth and has the means for new vehicles, groceries and such. It will take time to burn up/invest $4 million in capital.
It’s not like someone cut them a check for another $4 million, most of the time that increase in wealth is already invested, that’s how they gained the wealth. It’s just the dividends or the proceeds from sales of other investments that they have to spend now.
Edited by Big Ben 4/17/2024 10:06
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Crazy Land Auction
