From an article by Michael Hiltzik in the LA Times.
I have a feeling this is a forum full of "Millionaires Next Door". I'm sure all of us don't fit the Ronald Read profile. What say you?
The idea that the average guy can become rich via hard work and rigorously virtuous thrift is one of the compelling myths of the American experience.
But for the most part, myth it is. Two recent events are both driving it forward and exposing its basic phoniness. The first is the death last week of Thomas J. Stanley, coauthor of the bestselling book "The Millionaire Next Door," in a car accident. The other is the death of one Ronald Read, a Vermont retiree who appeared to be one of Stanley's emblematic secret blue-collar millionaires -- after a lifetime of low-wage menial work and frugal living, he was discovered to have amassed a fortune worth about $8 million.
Let's take them in turn.
Read more -->http://fw.to/8kPsyX
I have a feeling this is a forum full of "Millionaires Next Door". I'm sure all of us don't fit the Ronald Read profile. What say you?
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