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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (25247)11/11/2002 2:34:27 AM
From: energyplay  Read Replies (1) of 74559
 
Most income over 100k has a significnat non- salary component - investment gains & incomes, roylaties, real estate deals, etc. There are about 3+ millon millionaires in the US, about 1% of the popultaion...

Way less than 1 % make 250 k -

But a whole bunch of people make 140-200k. Two working professionals in an urban area + some investment income or a consulting job will get you there.

The income distribution is not gaussian or even log normal -it's lumpy.
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