One can have a million (or more) dollars net worth and have no liquid assets.
Are they millionaires? The article states invested assets....hence the answer is Yes!
Defining/clarification of terms/assumptions is usually helpful.
Also note the reference to millionaires per capita....a locale with 2 residents one a millionaire, can boast 50% of the population are millionaires!!!
Last edited by billethkid; 07-26-2019 at 12:51 PM.
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