Reality Check: Four Out of Ten U.S. Millionaires Do Not Feel Rich

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Don’t have $7.5 million? Most American millionaires wouldn’t define you as rich.

Of the 1000 respondents in a survey by Fidelity Investments, all with at least $1 million in investable assets, 42% said they do not feel rich. In 2009, when the economy was worse, 46% reported not feeling rich. At least today’s millionaires are more optimistic.

The group, on average, was valued at $3.5 million. If any of these millionaires are looking for somewhere to drop their cash, NewsFeed can think of a little blog that would welcome their investments.

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