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U.S. Household Net Worth Neared $107 Trillion in Second Quarter
WSJ ^
| Sept. 20, 2018 1:25 p.m. ET
| By Harriet Torry
Posted on 09/20/2018 11:32:36 AM PDT by Red Badger
The total net worth of U.S. households rose to nearly $107 trillion during the second quarter of 2018, as higher property and stock prices boosted Americans’ wealth.
The increase on the quarter was 2.1% or $2.191 trillion, bringing household net worth to $106.929 trillion, according to data the Federal Reserve released Thursday. That was a larger gain than the revised $1.303 trillion advance in the first quarter.
Household wealth in the stock market increased by about $848.3 billion in the quarter, reflecting higher equity valuations.
(Excerpt) Read more at wsj.com ...
TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
KEYWORDS: trumpeconomy; winning
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And the DEMS WANT IR ALL!!!!!!!................
To: Red Badger
This is why Jerry Brown is desperate for something bad to happen
2
posted on
09/20/2018 11:37:03 AM PDT
by
BenLurkin
(The above is not a statement of fact. It is either satire or opinion. Or both.)
To: Red Badger
3
posted on
09/20/2018 11:37:15 AM PDT
by
rdl6989
To: Red Badger
4
posted on
09/20/2018 11:39:32 AM PDT
by
ConservativeMind
(Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
To: Red Badger
I am 0.0000000000001% of that
5
posted on
09/20/2018 11:40:09 AM PDT
by
Pollard
(If you don't understand what I typed, you haven't read the classics.)
To: Red Badger
Marxist Waters wants it ALL.
To: ConservativeMind
Don’t give them any ideas.
My friend’s dad had to leave The Netherlands because of that. Their govt taxes a person’s assets yearly even if they are retired. He had to sell assets to raise the cash to pay for the tax on his assets. Pretty soon he would have nothing left.
7
posted on
09/20/2018 11:43:33 AM PDT
by
Texas resident
(Democrats=Enemy of People of The United States of America)
To: Red Badger
I am sure the Demoncrats will say that means if everyone pays 1/5 of their entire net worth to the Government, the debt can be retired. Except, after collection, they would manage to spend it on something else without touching the debt.
8
posted on
09/20/2018 11:43:37 AM PDT
by
jim_trent
To: Red Badger
Wooo Hooo!! I’m rich! Not really, but I am better off now than what I was two years ago. Thanks Mr. President.
9
posted on
09/20/2018 11:45:25 AM PDT
by
centermass_socrates
(DHS+FBI+BATFE+NSA+CIA+IRS+TSA+DEA+NCSO = AN ODD ALPHABET OF CORRUPTION !!)
To: Red Badger
That Trump is so destructive... /s
Bwa ha ha ha ha ha...
10
posted on
09/20/2018 11:46:32 AM PDT
by
DoughtyOne
(01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 $215.71 from 50% increase in 1.2183 yrs)
To: centermass_socrates
Because of his Tax Cuts, I was able to pay off my mortgage in year 16 of a 30 year debt!................................
11
posted on
09/20/2018 11:46:48 AM PDT
by
Red Badger
(Q..........................Future Proves Past..............WWG1WGA.....................)
To: Red Badger
Hell, I’m puttin’ my house up for sale if it’s worth that much! Woo Hoo!
12
posted on
09/20/2018 11:47:19 AM PDT
by
rktman
(Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
To: Red Badger
Congrats.
Could be happier for you.
13
posted on
09/20/2018 11:48:46 AM PDT
by
DoughtyOne
(01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 $215.71 from 50% increase in 1.2183 yrs)
To: rktman
14
posted on
09/20/2018 11:49:42 AM PDT
by
Red Badger
(Q..........................Future Proves Past..............WWG1WGA.....................)
To: DoughtyOne
15
posted on
09/20/2018 11:50:13 AM PDT
by
Red Badger
(Q..........................Future Proves Past..............WWG1WGA.....................)
To: Red Badger
Hey great. Movin' on up, the American dream.
And let me take this opportunity to appolize for the error that prompted this.
Congrats.
Couldn't be happier for you.
16
posted on
09/20/2018 11:53:37 AM PDT
by
DoughtyOne
(01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 $215.71 from 50% increase in 1.2183 yrs)
To: DoughtyOne
I knew what you meant!...........;^)
17
posted on
09/20/2018 11:55:03 AM PDT
by
Red Badger
(Q..........................Future Proves Past..............WWG1WGA.....................)
To: Red Badger
Yeah, but to be fair, a lot of that’s tied up in the house. ;)
18
posted on
09/20/2018 11:56:20 AM PDT
by
Still Thinking
(Freedom is NOT a loophole!)
To: Still Thinking
Hobo: Hey, Buddy — can you spare a dime?
WC Fields: I’m sorry my good man, all of my money is tied up in currency.
19
posted on
09/20/2018 11:58:15 AM PDT
by
ClearCase_guy
(The MSM is in the business of creating a fake version of reality for political reasons.)
To: Still Thinking
Always has been.
Your home is the greatest investment in your life..........
20
posted on
09/20/2018 11:59:32 AM PDT
by
Red Badger
(Q..........................Future Proves Past..............WWG1WGA.....................)
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