Home › Forums › Financial Markets/Economics › Where do you stand on America’s wealth spectrum-Article
- This topic has 32 replies, 9 voices, and was last updated 15 years, 4 months ago by
greensd.
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AuthorPosts
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November 6, 2007 at 5:49 AM #10825
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November 6, 2007 at 7:08 AM #96182
Coronita
ParticipantStill feel poor.One of these days, I need to get off my fat lazy butt π
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November 6, 2007 at 7:08 AM #96244
Coronita
ParticipantStill feel poor.One of these days, I need to get off my fat lazy butt π
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November 6, 2007 at 7:08 AM #96251
Coronita
ParticipantStill feel poor.One of these days, I need to get off my fat lazy butt π
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November 6, 2007 at 7:08 AM #96258
Coronita
ParticipantStill feel poor.One of these days, I need to get off my fat lazy butt π
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November 6, 2007 at 7:40 AM #96202
no_such_reality
ParticipantThose are 2001 number. Imagine how poor everybody is going to feel in 2010, when the 2005 numbers with the inflated RE earnings and networth comes out.
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November 6, 2007 at 2:33 PM #96322
kev374
Participanta lot of that net worth is home equity. I seriously doubt liquid assets are anywhere close to that. My guess is at least 75-80% of that figure is home equity which is rapidly going to evaporate.
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November 6, 2007 at 3:11 PM #96338
pertinazzio
ParticipantHey
In my case none of my networth is in real estate except for three measly lots down Nicaragua way. What I got is one hundred percent equities and most of that in emerging markets. It is damn scary especially when i read articles like the one the other guy put up about how everything is sure to go to hell in the next couple of weeks as the global house of cards supposedly constructed on loose American credit standards comes crashing around our unfortunate ears.
Where I stand? Although not a high net worth household, I think we are quite a bit ahead of median american household in investible assets. That notwithstanding, I feel rather insecure which is rather idiotic because as I breathe I continue to live and work and waves still lap the receding shorelines of climate-change threatened continents of our blessed orb.
Resolved: No more fruitless worry about the markets!
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November 6, 2007 at 3:45 PM #96350
NotCranky
Participant“Still feel poor.One of these days, I need to get off my fat lazy butt :)”
Look for net worth by age. I think you are a pretty young guy? Hope that does the trick.
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November 6, 2007 at 5:28 PM #96402
(former)FormerSanDiegan
ParticipantLook for net worth by age. I think you are a pretty young guy? Hope that does the trick.
Is it just me or does this article need more of the slicing and dicing suggested above. I’d like to see the data as cumulative distribution plots (not just quintiles) and also sliced into different age groups. But I guess that might be too complex for a yahoo finance article.
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November 6, 2007 at 5:28 PM #96464
(former)FormerSanDiegan
ParticipantLook for net worth by age. I think you are a pretty young guy? Hope that does the trick.
Is it just me or does this article need more of the slicing and dicing suggested above. I’d like to see the data as cumulative distribution plots (not just quintiles) and also sliced into different age groups. But I guess that might be too complex for a yahoo finance article.
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November 6, 2007 at 5:28 PM #96473
(former)FormerSanDiegan
ParticipantLook for net worth by age. I think you are a pretty young guy? Hope that does the trick.
Is it just me or does this article need more of the slicing and dicing suggested above. I’d like to see the data as cumulative distribution plots (not just quintiles) and also sliced into different age groups. But I guess that might be too complex for a yahoo finance article.
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November 6, 2007 at 5:28 PM #96479
(former)FormerSanDiegan
ParticipantLook for net worth by age. I think you are a pretty young guy? Hope that does the trick.
Is it just me or does this article need more of the slicing and dicing suggested above. I’d like to see the data as cumulative distribution plots (not just quintiles) and also sliced into different age groups. But I guess that might be too complex for a yahoo finance article.
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November 6, 2007 at 3:45 PM #96413
NotCranky
Participant“Still feel poor.One of these days, I need to get off my fat lazy butt :)”
Look for net worth by age. I think you are a pretty young guy? Hope that does the trick.
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November 6, 2007 at 3:45 PM #96419
NotCranky
Participant“Still feel poor.One of these days, I need to get off my fat lazy butt :)”
Look for net worth by age. I think you are a pretty young guy? Hope that does the trick.
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November 6, 2007 at 3:45 PM #96428
NotCranky
Participant“Still feel poor.One of these days, I need to get off my fat lazy butt :)”
Look for net worth by age. I think you are a pretty young guy? Hope that does the trick.
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November 6, 2007 at 3:11 PM #96400
pertinazzio
ParticipantHey
In my case none of my networth is in real estate except for three measly lots down Nicaragua way. What I got is one hundred percent equities and most of that in emerging markets. It is damn scary especially when i read articles like the one the other guy put up about how everything is sure to go to hell in the next couple of weeks as the global house of cards supposedly constructed on loose American credit standards comes crashing around our unfortunate ears.
Where I stand? Although not a high net worth household, I think we are quite a bit ahead of median american household in investible assets. That notwithstanding, I feel rather insecure which is rather idiotic because as I breathe I continue to live and work and waves still lap the receding shorelines of climate-change threatened continents of our blessed orb.
Resolved: No more fruitless worry about the markets!
-
November 6, 2007 at 3:11 PM #96407
pertinazzio
ParticipantHey
In my case none of my networth is in real estate except for three measly lots down Nicaragua way. What I got is one hundred percent equities and most of that in emerging markets. It is damn scary especially when i read articles like the one the other guy put up about how everything is sure to go to hell in the next couple of weeks as the global house of cards supposedly constructed on loose American credit standards comes crashing around our unfortunate ears.
Where I stand? Although not a high net worth household, I think we are quite a bit ahead of median american household in investible assets. That notwithstanding, I feel rather insecure which is rather idiotic because as I breathe I continue to live and work and waves still lap the receding shorelines of climate-change threatened continents of our blessed orb.
Resolved: No more fruitless worry about the markets!
-
November 6, 2007 at 3:11 PM #96416
pertinazzio
ParticipantHey
In my case none of my networth is in real estate except for three measly lots down Nicaragua way. What I got is one hundred percent equities and most of that in emerging markets. It is damn scary especially when i read articles like the one the other guy put up about how everything is sure to go to hell in the next couple of weeks as the global house of cards supposedly constructed on loose American credit standards comes crashing around our unfortunate ears.
Where I stand? Although not a high net worth household, I think we are quite a bit ahead of median american household in investible assets. That notwithstanding, I feel rather insecure which is rather idiotic because as I breathe I continue to live and work and waves still lap the receding shorelines of climate-change threatened continents of our blessed orb.
Resolved: No more fruitless worry about the markets!
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November 6, 2007 at 2:33 PM #96384
kev374
Participanta lot of that net worth is home equity. I seriously doubt liquid assets are anywhere close to that. My guess is at least 75-80% of that figure is home equity which is rapidly going to evaporate.
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November 6, 2007 at 2:33 PM #96391
kev374
Participanta lot of that net worth is home equity. I seriously doubt liquid assets are anywhere close to that. My guess is at least 75-80% of that figure is home equity which is rapidly going to evaporate.
-
November 6, 2007 at 2:33 PM #96401
kev374
Participanta lot of that net worth is home equity. I seriously doubt liquid assets are anywhere close to that. My guess is at least 75-80% of that figure is home equity which is rapidly going to evaporate.
-
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November 6, 2007 at 7:40 AM #96265
no_such_reality
ParticipantThose are 2001 number. Imagine how poor everybody is going to feel in 2010, when the 2005 numbers with the inflated RE earnings and networth comes out.
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November 6, 2007 at 7:40 AM #96272
no_such_reality
ParticipantThose are 2001 number. Imagine how poor everybody is going to feel in 2010, when the 2005 numbers with the inflated RE earnings and networth comes out.
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November 6, 2007 at 7:40 AM #96280
no_such_reality
ParticipantThose are 2001 number. Imagine how poor everybody is going to feel in 2010, when the 2005 numbers with the inflated RE earnings and networth comes out.
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November 6, 2007 at 4:30 PM #96370
kewp
ParticipantWow, from C+ student to a C+ salary!
My guidance counselor was right!
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November 6, 2007 at 7:13 PM #96422
greensd
ParticipantWow, from C+ student to a C+ salary!
My guidance counselor was right!
Nah, don’t feel bad. I was an A+ student, got a PhD from Stanford, and I still ended up with a C+ salary (if that). We wound up in the same place, and I bet you had waaay more fun getting here!
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November 6, 2007 at 7:13 PM #96484
greensd
ParticipantWow, from C+ student to a C+ salary!
My guidance counselor was right!
Nah, don’t feel bad. I was an A+ student, got a PhD from Stanford, and I still ended up with a C+ salary (if that). We wound up in the same place, and I bet you had waaay more fun getting here!
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November 6, 2007 at 7:13 PM #96493
greensd
ParticipantWow, from C+ student to a C+ salary!
My guidance counselor was right!
Nah, don’t feel bad. I was an A+ student, got a PhD from Stanford, and I still ended up with a C+ salary (if that). We wound up in the same place, and I bet you had waaay more fun getting here!
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November 6, 2007 at 7:13 PM #96499
greensd
ParticipantWow, from C+ student to a C+ salary!
My guidance counselor was right!
Nah, don’t feel bad. I was an A+ student, got a PhD from Stanford, and I still ended up with a C+ salary (if that). We wound up in the same place, and I bet you had waaay more fun getting here!
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November 6, 2007 at 4:30 PM #96433
kewp
ParticipantWow, from C+ student to a C+ salary!
My guidance counselor was right!
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November 6, 2007 at 4:30 PM #96439
kewp
ParticipantWow, from C+ student to a C+ salary!
My guidance counselor was right!
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November 6, 2007 at 4:30 PM #96449
kewp
ParticipantWow, from C+ student to a C+ salary!
My guidance counselor was right!
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