7 Million Millionaires

That is the estimated total of millionaires in the world. Do you know that there were only 5,000 millionaires 100 years ago. America today has 5 million millionaires. That means you are most likely to be a millionaire in America.

Why the increase?

Why so many in America?

I think the answer for both can be found in situations:

Real estate laws in America

The development of the internet business in America

Real estate

In America we always had creative ways to buy and sell property. You’ve seen some of those infomercial in America and those ‘no money down’ books. People who bought and invested in real estate for 100 years constituted the largest portion of self-made millionaires in America.
In other countries, it has always been hard to get a loan. Even today, many nations like Ecuador, Russia and elsewhere it’s very hard to get a mortgage. Therefore, you can wheel-and-deal.

Internet Business

With the advent of the internet more and more people are becoming millionaires. If you have noticed, America has taken the lead in producing programs whereby you can make a million dollars.

With a computer and an internet connection, you can reach billions of people all over the world. With a credit card or a PayPal system you can buy from anyone anywhere in the world.
With the serious economic downturn you and with loans being harder to get in ameirca and the world over, it’s harder to make money.

There’s a say that goes like this:

Birds got to fly. Fish got to swim. And bubbles got to burst.And that is what we see in the housing bubble now - especially in the US and the UK.

Only the very sharp and clever people can make money in real estate now. So, unless you are one of them, I wouldn’t look for real estate to invest in.

The internet has more potential now than ever.
Take a look at what I have here for your consideration .