Millionaires Optimistic About Economy's Future

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Millionaires Optimistic About Economy's Future

By NBCAugusta Reporters

(AP) Even millionaires are feeling the economic squeeze.
Many say they don't even ``feel'' wealthy.
But as a group, they are optimistic that things will improve in the next year.
The Fidelity Millionaire Outlook surveyed 1,000 people with at least a million dollars in assets to invest. It finds that anxiety about the economy includes those in this highest income group.
People with more than 10 million dollars to invest other than their home and retirement savings -- what Fidelity calls ``deca-millionaires'' -- have a more pessimistic view than those with less than 2.5 million.
About 19 percent of the people surveyed do not consider themselves wealthy. That's despite the fact they have on average 3 million dollars to invest and earn at least $270,000 a year.

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