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Technology Stocks : All About Sun Microsystems

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To: Charles Tutt who wrote (27162)2/3/2000 9:54:00 PM
From: JavaGuy  Read Replies (1) of 64865
 
RE: "Millionare Next Door"
Charles,
I've read some of the book, the point get made quickly that most millionaires are average run-of-the-mill types who are somewhat frugal, often small business owners. The lawyer and stock broker types are the ones spending all their (usually higher) income on fancy cars and suits and have no real accumulated wealth.
That stuff I'd agree on, however some people take the the frugality (is that a word?) a little too far.

I mentioned that the top 20% of the pop controls 80% of the wealth, but don't the top 2% control 50% of the wealth? What are those folks up to? I can't believe that crowd is outspending itself...

-JG
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