Do you consider 1 million dollars to be a lot of money?
It sounds like the height of arrogance to say it, but no I don't think 1 million dollars is a lot of money anymore. There are a lot of hungry people in Canada and millions more in the USA and around the world.
But there has also been a paradigm shift - the rich are getting richer but there's more new rich people than ever before.
The last 20 years has created all this, huge booms in real estate (If you own a house in Vancouver or Toronto, even a shitbox, you are basically a millionaire). The growth in Bitcoin. The Tech bubble of the late 1990's. Huge runs in oil in the early 2000s. The huge growth in the stock market. Recently, Marijuana stocks and Reddit popped stocks. I don't believe there has ever been another 20 year period where there has been more opportunity to get rich.
But there has also been a paradigm shift - the rich are getting richer but there's more new rich people than ever before.
The last 20 years has created all this, huge booms in real estate (If you own a house in Vancouver or Toronto, even a shitbox, you are basically a millionaire). The growth in Bitcoin. The Tech bubble of the late 1990's. Huge runs in oil in the early 2000s. The huge growth in the stock market. Recently, Marijuana stocks and Reddit popped stocks. I don't believe there has ever been another 20 year period where there has been more opportunity to get rich.