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Net worth of U.S. households skyrockets
Yahoo News ^
| 03/08/2007
| JEANNINE AVERSA
Posted on 03/08/2007 2:40:50 PM PST by Nachum
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1
posted on
03/08/2007 2:40:53 PM PST
by
Nachum
To: Nachum
2
posted on
03/08/2007 2:41:29 PM PST
by
pogo101
To: cyborg; Tijeras_Slim

Aw hell yeah.
To: Nachum
It's all Bush's fault
4
posted on
03/08/2007 2:43:33 PM PST
by
street_lawyer
(Conservative Defender of the Faith)
To: Nachum
Those Chinese are good investors.
Why doesn't the article state the average values per household? These data would be more valuable if the article stated, "The average household net worth is $105,000 up 5% from last year's $100,000
To: Nachum; Mase; 1rudeboy; expat_panama
Net worth the difference between households' total assets, such as houses and bank accounts, and their total liabilitiesYou mean we should add assets and liabilities to get net worth? Don't tell Willie Green.
6
posted on
03/08/2007 2:46:17 PM PST
by
Toddsterpatriot
(Why are protectionists (and goldbugs) so bad at math?)
To: Nachum
If you listened to the media at the end of last year you would have thought the end of the world was near.
Rock on America!
7
posted on
03/08/2007 2:48:00 PM PST
by
SomeoneNeedsToSayIt
(Our greatest glory consists not in never falling, but in rising every time we fall.)
To: Nachum
8
posted on
03/08/2007 2:48:42 PM PST
by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: Nachum
Another poll where I wasn't consulted. Oh, well.
9
posted on
03/08/2007 2:49:45 PM PST
by
mtbopfuyn
(I think the border is kind of an artificial barrier - San Antonio councilwoman Patti Radle)
To: Toddsterpatriot
All that consumer debt and the negative savings rate is sure killing us. LOL!
Buy more gold!
10
posted on
03/08/2007 2:52:40 PM PST
by
Mase
(Save me from the people who would save me from myself!)
To: Zuben Elgenubi
Not sure if it was January or February issue of Money Magazine, but check both for some very good stats on household net worth, by age category.
11
posted on
03/08/2007 3:01:41 PM PST
by
SaxxonWoods
(Boycott all Leftist Media, ignore them and they will go away...)
To: Zuben Elgenubi; SAJ; Toddsterpatriot
Good point. The article should have made the point that household net wealth in the U.S. is at an eye-popping, never-seen-in-world-history level of over $500,000 each.
That's American homes, private businesses, personal stocks, bonds, savings, checking, et al minus all debt...and the American **average** household is half a million Dollars ahead.
Nation of millionaires. 300,000,000 people strong.
12
posted on
03/08/2007 3:21:52 PM PST
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Zuben Elgenubi
Median net worth of American families in year 2000 was $55,000. Source: http://www.census.gov/prod/2003pubs/p70-88.pdf
If it has been growing at a compounded rate of 4% per year, it would be close to $70,000 in 2006.
13
posted on
03/08/2007 3:29:31 PM PST
by
johnandrhonda
(have you hugged your banjo today?)
To: Toddsterpatriot
"he difference between households' total assets, such as houses and bank accounts, and their total liabilities"
Did you miss the "difference" word?
To: Nachum
I think that I should give my "Man Servant" a raise. I'm sure John Kerry will too.
15
posted on
03/08/2007 3:43:24 PM PST
by
Mark
(REMEMBER: Mean spirited, angry remarks against my postings won't feed even one hungry child.)
To: Toddsterpatriot
Net worth of U.S. households skyrockets - FR paleos hardest hit
16
posted on
03/08/2007 3:43:33 PM PST
by
1rudeboy
To: Southack
"Nation of millionaires. 300,000,000 people strong."
A million dollars used to be a lot of money. It has shrunk enormously, yet people continue to use it as a benchmark of wealth. Today a millionaire is still someone who has a lot of work left to keep his head above water.
To: billhilly
Did you miss the "difference" word? No, did you?
18
posted on
03/08/2007 3:45:52 PM PST
by
Toddsterpatriot
(Why are protectionists (and goldbugs) so bad at math?)
To: 1rudeboy
More proof that Pat was right. Lock and load!
19
posted on
03/08/2007 3:46:30 PM PST
by
Toddsterpatriot
(Why are protectionists (and goldbugs) so bad at math?)
To: billhilly
A million dollars is still a hell of a lot of money to those that are financially-responsible. If you don't think so, then spare me a couple.
20
posted on
03/08/2007 3:48:46 PM PST
by
1rudeboy
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