Many people ask “how to become a millionaire” but many people have no idea where to begin. Hopefully studying other people that have made this milestone will help us answer this question. The jnforgeaphic below tries to settle this question by giving statistics from how most people made their millions.
15% of millionaires became so by having high income jobs. A modest and doable path, but without strong connections and education, most would most likely fail. The other 15% became millionaires through real estate. This makes sense since many people can leverage real estate. This seems like the most likely path for the average person. The other 20% became a millionaire by the stock market. Doable if one is investing in indexes, but probably a large amount of luck is needed for individual securities. Finally, the last 50% became millionaires by starting a business.
It seems like starting a business is your best chance to become a millionaire. What are your business ideas?
Related posts:
Just where did all the money goes? Easy credit, no cash no porblem. Debt turns toxic take out a loan on a house, this is one of the most basic tools of finance.
NASA divides up its budget to CALIPSO or we called it cloud-aerosol lidar and infrared pathfinder satellite observation, Fast (Fast Auroral Snapshots explorer) Image (Imager for magnetopause to Aurora global Exploration) Messenger (Mercury Surface), Space Environment, Geochemistry and ranging, Messenger (Mercury Surface, Space Environment, Geochemistry, and ranging), Trace (Transition Region and C...
Initial public offerings, a measure of china's financial strength, hong kong and shanghai are now global leaders supplanting new york. by virtues of this holdings, china has become america's biggest foreign lender. no country has ever loaned another so much money.Nor has any held so much reserves.
Not all markets are created equal. At least, according to this newest infographic. According to FactSet, over a 20 year average annual total return, which would include capital gains and dividends, REITs or Real Estate Investment Trusts have returned more than the S&P 500. And this gain over the S&P 500 is pretty significant: 4.82% higher gain than the S&P 500. Even more inte...
Upload your infographic here and contribute to our community. 
Leave a Reply