Are YOU in the Top 1%? (1 in 5 of You Are)
Channel: Risk On Investor
Date: 20/03/2024

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Welcome to the Risk on investor channel! 

I’m on a mission to build a £1m portfolio and you’re invited to come along for the ride. On the channel I will be sharing what works for me and what doesn’t as I hustle my way to the target. 

In this video I want to look at the top 1% in society by financial measures. I’ve dug up the ONS data for income and wealth distributions and want to have an open honest conversation.

I also want to look at where that leaves us on the global scale, and surprisingly, there is a good chance that 1 in 5 of you watching this are in the top 1% by wealth globally!

Timestamps:
0:00 Introduction
1:00 Why should we identify the top 1%
2:33 Top 1% by income
4:56 Top 1% by wealth
7:40 What surprised me
8:35 Income GINI coefficient
9:38 Where does my £1m goal leave me
10:19 Wealth by age group
11:44 Wealth by region
13:28 Wealth is relative
14:50 Global top 1%
15:46 Growing wealth over time
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DISCLAIMER: RiskOnInvestor (Chaz) does not provide financial, investment, tax, or legal advice. None of the content on the RiskOnInvestor channel is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. RiskOnInvestor (Chaz) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions.
#wealth #wealthbuilding #wealthy #personalfinance #investing