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Commercial property investments for retailers will be similarly lucrative if you buy where everyone will want to be for the next several decades. Safe bets like spots overlooking Central Park in Manhattan and Waikiki beach views from up the mountain in Honolulu will probably create many trillionaires in the future.
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What about the future potential for income? Average productivity gains over long periods of time have been about 3 percent a year. Incomes tend to track the rate of productivity gains so we can use this statistic to estimate how much purchasing power will increase in the future.
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How would the average person earn that amount? I suspect that computer technology will develop to such a point that anyone will be able [link widoczny dla zalogowanych] to establish a profitable specialty that's enormously valuable to others. What will your specialty be?
Copyright 2008 Donald W. Mitchell, All Rights Reserved
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