Why isn't your country full of dollar millionaires?

That's why stats like these are worthless.

Fuck this place. Seriously.

>>507452114 (OP)
You’re telling me 1 in every 12 adults I see in America is a millionaire? I’m calling total bullshit. For example a medium size company will employ 400 people. And of those only the owner and ceo are likely millionaires. It’s probably more like 1 out of 60 adults. They must have fucked up in their study somehow.

>>507452114 (OP)

>>507453279
It's literally just boomers owning their homes they bought for $20k in 1980s.

>>507452114 (OP)
seems we have more than the rest of the world combined
>>507453641
its defined as liquid investable assets, equity doesnt count

Hong Kong SAAAAAAAR

>>507453641
Primary residence NEVER counts towards "millionaire" status. It's 1 million liquid investment value.
Frankly, this chart is bullshit. And there's no fucking way almost 1 in 10 adult Americans are millionaires unless you count primary home value WITHOUT even considering debt liabilities (mortgage).
No. Fucking. Way.

>>507453860
>memeflag is wrong about something
waow

>>507453641
this, thats why aus is top 3 because of overinflated housing market

/pol/ post your stats, for me it's

$300k home equity
$200k crypto
$250k 401k
$200k cash in savings account
$50k NVDA

>>507454521
Why the fuck you keep 200k in saving account, it's like you want to be robbed by the coin clippers

>>507454699
Liquidity for black swans. I'm betting on there being another meme market crash and cheapies to scoop during Trump's second term, maybe multiple (all that NVDA was bought with a DCA of 101 less than 2 months ago). The next time bitcoin and tech stocks drop 60%+, I'll be ready to buy. The account returns 3.6% interest which isn't totally terrible anyways, especially combined with a 2.6% mortgage.

>>507452114 (OP)
China has more millionaires than people in Sweden?

>>507454521
Kek

You’re like someone who makes 100,000.01 per year and says they make 6 figures

>>507455203
100k is 6 figures anon

>>507455203
Yeah I only just now am hitting 1 milly, I should have gone much more into crypto than I did in 2017

>>507452114 (OP)
I'm not super rich at all, but have $5 million

>>507452114 (OP)
>tfw parents are millionaires

>>507452114 (OP)
And why are you a slave to them?

>>507454218
It's bad methodology. For an accredited investor status they won't count your home.

>>507457280
Between my parents' property, savings, and investments they're also millionaires but we lived very frugally when I was growing up and they don't give me shit today.

>>507454521
it's like this guy is trying to speedrun total bankruptcy

>>507452114 (OP)
because of socialism

>>507453279
If you own a home you're a millionaire. That's inflation and mass immigration for you.

>>507457280
Yeah but you're a slave being replaced by shitskins. So what?

>>507454927
If you keep in a money market fund, you will get a better rate, it only takes 2 days to get to a bank and you dont have to worry about bank failures because of how its held (it's actually yours instead of a liability on the banks sheets). There is literally no reason to have more money in a bank than your monthly checking expenses.