cheaprealty net

According to Investopedia, a paper millionaire is defined as a high net worth individual as a result of the large total market value of the assets they own, despite not yet actually realizing any gains, because the investments involved have not been liquidated (yet). While holding such assets creates a large amount of "paper profit", the paper millionaire's riches aren't safe, if they fail to liquidate the assets involved at an opportune time.