What does "mass rich" mean?

Mass Gromgent is an economic and social designation that refers to middle -class people with a number of economic factors. In the most basic sense, these people must have above -average income, an economic opinion for forward and above average number of liquid assets. There is a large amount of overlapping between the mass rich and upper middle class, but differs in many important considerations. The emerging economic forces such as China generally did not have enough time to create a social class. The class comes from generations of people who have moved forward economically, giving a rich class of correct understanding and views of money. This group has more than $ 75,000 (USD) per year in the United States. This is the most basic criteria - the real income of a person is less important than how they perceive this money.

Another important factor is the person's view of the person abouteconomic matters. A person in a mass rich group will constantly enjoy and consider ways that his money could do more in the future. Generally, this means a number of planning plans, long -term and short -term plans, as well as pension plans and stock portfolios. In most cases, the investor is more interested in long -term profits in short -term purchases. It is also more frequent to establish a mass for their children.

The last main factor is the amount of liquid assets that a person has. To sleep in this category, one needs a large amount of liquidity; In the United States, this is generally more than $ 100,000. This money must be directly accessible, not tied in the ground or in large subjects such as cars or houses. In addition, the funds must be present after the debt; People with great debt are rarely bulky.

This group shares a lot of space with a higher middle class. The biggest difference is in the group's thinking. A person in the upper middle class may have crushing debt or small tono liquidity. In addition, the primary factor for the upper middle class is income; In the case of a mass rich income, it has only less impact on the designation.