Middle Class Millionaires

[sgk1062]

Your comment is insightful and true. Wealth is relative. I thought the video interesting for other reasons. There was some talk about the process of raising capital in the markets. I wanted to really focus on that bit of information for my students learning to trade.

Thanks for the feedback.

[BuydensSherwin]

A very interesting phenomenon. Since moving to Las Vegas from Los Angeles, it is clear that my money goes far further. It is no doubt that a person worth "merely" $25 million will seem relatively poor in a place like NY or LA, and far wealthier in a smaller city. The important thing in my opinion is not the wealth but what good does that wealth bring? What good does it do if it can only buy you another car or widescreen tv while the rest of the world doesn't have access to becoming wealthy?