While becoming a millionaire by age 17 is rare, eventually becoming a millionaire isn't. According to TNS Financial Services' 2004 Affluent Market Research survey, there are an estimated 8.2 million American households with assets, excluding primary residences, worth over $1 million. That's a 33 percent increase over the 6.2 million millionaire households in 2003.
Thursday, May 12, 2005
How big is the market for trust services?
Bigger than one might suppose. According to Walter E. Williams: Only in America:
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