- Where Do Rich People Keep Their Money It's not all in the same place.
- Cash and Cash Equivalents.
- Bonds.
- Stocks and Mutual Funds.
- Private Equity Funds.
- Venture Capital.
- Real Estate.
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High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate.Most high net worth individuals and families enjoy such things as traveling, experiencing new places, or collecting art. You'll find them hanging out on yachts, playing golf, skiing, or at art exhibitions.
How can I be a millionaire
6 Steps to Become a Millionaire by 30
- Start Saving Early. The easiest way to build your savings is to start early.
- Avoid Unnecessary Spending and Debt. Stop buying things you don't need.
- Save 15% of Your Income—or More.
- Make More Money.
- Don't Give in to Lifestyle Inflation.
- Get Help if You Need It.