Thread: Investing 102
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Old 05-10-2014, 09:32 AM
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GregWeld GregWeld is offline
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Interesting how we think about ourselves and whether or not we're doing okay or if we 'have enough'......






You need an annual income of $34,000 a year to be in the richest 1% of the world, according to World Bank economist Branko Milanovic's 2010 book The Haves and the Have-Nots. To be in the top half of the globe you need to earn just $1,225 a year. For the top 20%, it's $5,000 per year. Enter the top 10% with $12,000 a year. To be included in the top 0.1% requires an annual income of $70,000. America's poorest are some of the world's richest.
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