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Message
Posted on 8/17/14 at 3:58 pm to TigerintheNO
My net worth is +\- 215k depending on the market that day. Age 33 puts me prolly top 25% I would think
Posted on 8/17/14 at 3:59 pm to Ole War Skule
quote:
there's nothing but their lack of ability and motivation...oh wait, so the problem is not that there is an income/wealth gap, but there is a talent/motivation gap
exactly
Posted on 8/17/14 at 3:59 pm to CaptainJ47
quote:
My net worth is +\- 215k depending on the market that day. Age 33 puts me prolly top 25% I would think
ain't worth jack until you cash it out
just over one share of Berkshire BTW
This post was edited on 8/17/14 at 4:01 pm
Posted on 8/17/14 at 4:00 pm to HailHailtoMichigan!
quote:
How can someone possibly survive on this?
That's net worth. Not annual income.
Posted on 8/17/14 at 4:02 pm to HailHailtoMichigan!
quote:
How can someone possibly survive on this?
Majority are actually surviving on less than that
Posted on 8/17/14 at 4:03 pm to 777Tiger
No technically I own it. Also included in there is home and rental property equity- conservative estimates though.
Posted on 8/17/14 at 4:03 pm to HailHailtoMichigan!
quote:
quote: $56,335 How can someone possibly survive on this?
No clue
Posted on 8/17/14 at 4:04 pm to blades8088
quote:
I'm not to sure those numbers are correct
Read the article the numbers are from the report issued by the Federal Reserve and are 7K higher that your link from CNN.
Posted on 8/17/14 at 4:04 pm to The Third Leg
quote:
What was the exact decrease?
See the OP
Posted on 8/17/14 at 4:07 pm to CaptainJ47
quote:
No technically I own it. Also included in there is home and rental property equity- conservative estimates though.
sorry, I was thinking the stock market, I truly think that real estate is the best opportunity to emerge from peon status for most people, regardless of their profession, I've made decent money from my day job over the years, but I've almost matched it, and not trying real hard, through real estate
Posted on 8/17/14 at 4:09 pm to 777Tiger
quote:
I've made decent money from my day job over the years, but I've almost matched it, and not trying real hard, through real estate
As my grandfather always told me, "They ain't making any more of it."
Posted on 8/17/14 at 4:11 pm to HailHailtoMichigan!
quote:
How can someone possibly survive on this?
Not surprised, the average American would ask this same question; explaining the reason of said statistics
This post was edited on 8/17/14 at 4:13 pm
Posted on 8/17/14 at 4:11 pm to HempHead
quote:
As my grandfather always told me, "They ain't making any more of it."
and he was right!
Posted on 8/17/14 at 4:12 pm to HempHead
quote:
As my grandfather always told me, "They ain't making any more of it."
Sure they do, but only to send it overseas to be the world saviors
Posted on 8/17/14 at 4:14 pm to Shexter
Posted on 8/17/14 at 4:17 pm to HailHailtoMichigan!
quote:
How can someone possibly survive on this?
Know how I know your net worth isn't that high? You don't understand what net worth is.
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