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Millions of Millionaires
Their numbers are growing
Elsewhere their numbers are growing. There are now 46.8m dollar millionaires worldwide, according to this year’s “Global wealth report” by the Credit Suisse Research Institute, an increase of 1.1m from mid-2018. Their ranks include more than 4m Chinese, 3m Japanese and 2m Germans. Yet no country has deeper pockets than America, which claims nearly 19m millionaires (see chart), and accounts for more than half of this year’s increase.
Consumer finance is a huge market in America. Americans have an insatiable appetite for credit cards and many people view owning a home as part of the American dream. It’s little wonder then that there is tough competition in credit card and mortgage affiliate marketing. Is it still worth promoting these offers? If it is, how much money is there to be made?
Read on to find out. Continue reading