Inflation & millionaire lifestyles

Category 20/06/2012 by Martin Bamford

Inflation & millionaire lifestylesThe cost of a millionaire lifestyle is more expensive than it used to be as a result of price inflation.

An article in the Telegraph today explains that the basket of goods £1m could purchase in 1992 would now cost £2.6m.

The cost of buying an average house in Kensington and Chelsea, a Rolls-Royce, a luxury yacht, and holiday homes

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Martin Bamford

About Martin Bamford

Martin is a Chartered Financial Planner, responsible for investment research and the management of Informed Choice. As an established Media IFA, Martin is frequently quoted in the press. Martin is a published author and two of his books – The Money Tree and Brilliant Investing – have been selected as WHSmith Business Book of the Month.
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