Interesting read, for the materialistic ..................

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More millionaires walk among us than you might think, according to the 2003 World Wealth Report.

Published by Merrill Lynch and Cap Gemini Ernst & Young, the survey says that in 2002, 180,000 Canadians boasted financial assets of US$1 million or more, excluding their real estate holdings. Here are some fast facts about Canadian millionaires:

EDUCATION: 82% have attended college or university, and 38% have earned post-graduate degrees.

ENTREPRENEURSHIP: 35% of the really rich are business owners.

WISE COUNSEL: 83% of millionaires seek advice from paid financial advisers; only 17% manage their wealth without outside guidance.

SHOPPING SENSE: 47% have switched primary advisers in the past five years.

AN APPETITE FOR RISK: 25% invest in the stock market, compared with 10% of the rest of the population.

BIG FAT PAYCHEQUES: 74% of Canada's millionaires have annual incomes of $100,000 or more.

PROVINCIAL TIES: 49% live in Ontario and 17% reside in B.C. They're the only provinces with disproportionately high number of fat cats for their size.

http://ms.profitguide.com/wealthguide/?ID=1293