Monday, July 29, 2013

UBS: How much money makes you wealthy?

Not surprisingly, "wealth" is relative to the economic freedom it buys (Bizjournal):

How much money makes you wealthy? In a recent survey, investors told UBS $5 million.

Most of them said, however, that the amount isn’t as important as the freedom of no financial constraints on what they do. A large cash reserve helps.

Thirty-one percent of millionaires surveyed said they don’t consider themselves wealthy.

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