Any one with more than $1 million of assets (not counting equity in a primary residence) belongs to an extremely elite group of individuals. According to the Economist, there are 12 million “high-net-worth individuals” on planet Earth, an increase of one million since 2011. The combined wealth of this small group of people weighs in […]
Are You Rich? – Only 12 Million Extremely Elite People On Planet Earth Are Millionaires
June 26, 2013 Leave a Comment
If You’re Feeling Poorer That’s Because You Are – Net Worth Plunges For Average American
May 30, 2013 1 Comment
In April the Federal Reserve Bank of San Francisco released a report showing that the overall net worth and value of financial assets had completely recovered from the financial collapse of 2008-2009. Since the low point of the recession in early 2009 the net worth of Americans has increased by a massive $14.7 trillion and […]
Have Your Assets and Net Worth Increased Since 2005?
April 23, 2013 Leave a Comment
Have your assets and net worth increased since 2005? According to the Federal Reserve, if your assets and net worth have not increased, you probable have a balance sheet dominated by housing, are in a lower income group, a member of a minority and have a lower than average educational attainment. As seen in the […]