Where do you stand on America’s wealth spectrum-Article

[raptorduck]

I think this will make everybody feel rich. Interesting that the net worth on this measure includes home equity.

http://finance.yahoo.com/banking-budgeting/article/103815/Where-Do-You-Stand-on-America’s-Wealth-Spectrum

[Coronita]

Still feel poor.One of these days, I need to get off my fat lazy butt 🙂

[Coronita]

Still feel poor.One of these days, I need to get off my fat lazy butt 🙂

[Coronita]

Still feel poor.One of these days, I need to get off my fat lazy butt 🙂

[Coronita]

Still feel poor.One of these days, I need to get off my fat lazy butt 🙂

[no_such_reality]

Those 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.

[no_such_reality]

Those 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.

[no_such_reality]

Those 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.

[no_such_reality]

Those 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.

[kev374]

a 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.

[kev374]

a 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.

[kev374]

a 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.

[kev374]

a 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.

[pertinazzio]

Hey

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!

[pertinazzio]

Hey

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!

[Author]

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