In the near future, the rich will get richer because they will be involved in pre-IPO offerings.
They will not be investing in technology, or computers, or dot-coms. Instead they will be investing in hot new biotech companies, genetic engineering companies, and new companies with the words "system" or "network" after their names.
They will be investing in the hot companies of the future, companies that we have not heard of yet. They will invest in companies and real estate projects that the average person will hear about only after the profits have been made.
They will be investing in private placement memorandums, or limited partnerships, and other such investment vehicles, rather than mutual funds.
