Sunday, August 25, 2013

Opening paragraphs.....................

          "These people cannot be millionaires!  They don't look
           like millionaires, they don't dress like millionaires, they
           they don't eat like millionaires, they don't act like
           millionaires - they don't even have millionaire names.
           Where are the millionaires who look like millionaires?"

The person who said this was a vice president of a trust department.  He made these comments following a focus group interview and dinner that we hosted for ten first-generation millionaires.  His view of millionaires is shared by most people who are not wealthy.  They think millionaires own expensive clothes, watches, and other status artifacts.  We have found this is not the case.
-Thomas J. Stanley and William D. Danko,  The Millionaire Next Door:  The Surprising Secrets of America's Wealthy

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