| In short, the recent jump in the number of millionaire families had something to do with government largesse. But it had more to do with personal financial decisions. Let's set aside for a moment the families who earn too little to save. (We should have compassion for these folks.) Tens of millions of Americans with average or above-average incomes - consumers who splurge on designer brands, drive late-model cars, eat out regularly and treat themselves more than occasionally - made a conscious decision not to save or invest. Some would say they are reaping what they sowed. More to the point, they didn't sow. After all, making fresh investments is like planting seeds. Just as the tiny acorn turns into a mighty oak, small investments - left alone to compound over years or even decades - will turn an average investor into a millionaire or multimillionaire. The folks who save and invest get richer. They also leave those who don't further behind. But unequal doesn't necessarily mean unfair. All that's needed to become a millionaire - or turn a million-dollar portfolio into a multimillion-dollar fortune - is to work, save, invest and compound. Yes, it takes discipline and patience. Yet tens of millions of Americans whose wealth would define them as poor today will one day be rich. As a young man in my 20s, for example, I had no job security, no savings, no health insurance, no investment portfolio and a net worth of approximately zero. Looking around at the time, my friends and neighbors were pretty much all in the same boat. Yet that changed over time. Polls show that my experience was not unusual. For example, only 1% of families under 35 are millionaires. But that rises dramatically with age. By ages 55 to 64, more than 1 in 5 families are millionaires. In fact, 11% of those in this age group have a net worth of over $5 million. Don't get me wrong. There is still plenty of economic struggle in the U.S. Yet many of these folks are lacking only direction - and a plan of action. We're happy to provide them here. A record number of Americans have reached millionaire status. Many millions more would like to. If you're one of them, stick with us. In the weeks ahead, we'll share The Oxford Club's path to financial independence. Just as we did in 2025. Speaking of, here are the details of my latest project... A major shift in the markets could potentially mint more millionaires than any other stock market event in history. This is why Wells Fargo's strategy chief had this to say... "Stocks Will Embark on a Run of Gains Unseen in 30 Years." So, if you've watched from the sidelines as your friends and family have generated massive wealth from the stock market... This is your moment to catch up. I'm going live on January 29th, 2025, at 2 p.m. ET. Get your name on the invite list here. Good investing, Alex | 
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