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Maintaining wealth 100 years ago was different from today. Today, you can passively own index funds, and property rights are respected in the US. I would expect
by JMTQp8lwXL 6y ago
Maintaining wealth 100 years ago was different from today. Today, you can passively own index funds, and property rights are respected in the US. I would expect the 70% and 90% figures to decrease for future generations.
- tathougies 6y agoI wouldn't. People are irresponsible and like spending money. Even those who 'invest', they're probably going to attempt more dangerous investments at some point and lose significant portions of wealth.