View Single Post
  #10  
Old Posted Mar 29, 2012, 8:26 PM
iheartthed iheartthed is offline
Registered User
 
Join Date: Oct 2009
Location: New York
Posts: 9,742
Quote:
Originally Posted by someone123 View Post
It is hard to see any real data in this article. They're reporting on a survey. Even if we assume the financial advisors et al. really know what their clients want and can predict the future, the article says nothing about the sampling or the resulting data itself.

What if they had 15 respondents and 2 said they liked Miami while 1 guy liked Geneve and 0 people happened to put down LA and the Bay Area? When they don't say you have to wonder.

The top 1% in the world are not very wealthy. I think the top 1% of earners make something like $50k a year.
I'm pretty sure it's a bit higher than $50K. The median personal income in the U.S. if roughly $40K, and the top half of earners in the U.S. alone is more than 1% of the world's total population.
Reply With Quote