Howdy fellow Dinarians,
Well the hack gurus were wrong again with their “intel” and about the RV happening – I hope none of my regular readers have been loosing sleep waiting for that elusive Iraqi Dinar to finally revalue!
Today I happened across this interesting article about perception of wealth, and hopefully someday “soon” all of us who own IQD will finally get our chance to call ourselves “wealthy”.
Maybe this article will help you to become just a little more educated as to wealth, and the perception of being wealthy!
~ Mr. IQD
NOTE: This article is excerpted from money.msn.com
What constitutes wealth in the U.S. these days? It depends on the context.
If you’re talking about wealth in relation to the minimum wage, billionaire Charles Koch assures America that the path to riches requires a mere $34,000 a year. If we’re discussing wealth in the Western, above-the-paupers sense, then even $4 million doesn’t seem to cut it.
The UBS (UBS -0.57%) Investor Watch asked 4,450 investors whether they consider themselves wealthy.According to CNBC, 60% of those worth $5 million or more said they are indeed wealthy, while only 28% of those worth between $1 million and $5 million said the same.
But what are these folks thinking when they hear the word Continue reading