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Final 12 months was a tough one for buyers. Throughout 2022, the returns for each shares and bonds usually took a nosedive. Which means lots of people who have been millionaires in January now not held that lofty standing by December. Worldwide, 3,508,000 individuals had slipped from the ranks of millionaires by the tip of 2022, in response to the most recent annual world wealth report from Credit score Suisse and UBS.

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