Americans Have Never Been So Wealthy: Really!?!

Discussion in 'Too Hot for Swamp Gas' started by busigator96, Dec 13, 2013.

  1. busigator96
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    busigator96 Premium Member

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    The wealth of American households hit a nominal record of $77.3 trillion in the third quarter, according to data released this week by the Federal Reserve. The third-quarter household wealth number wasn’t a record on an inflation-adjusted basis but given the stock market’s rally since Sept. 30, it’s almost certainly at a record now. (Even with the record decline, the S&P 500 is still up about 5.6% in the fourth quarter.)...

    http://finance.yahoo.com/blogs/dail...ever-been-so-wealthy--really---213820271.html
  2. fastsix
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    fastsix Well-Known Member

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    I was at a party with Bill Gates once. On average, everyone in the room was a multi millionaire! Even better, my wife was in a meeting with Bill Gates once, on average everyone in the room was a billionaire!
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  3. mocgator
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    mocgator Well-Known Member

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    "You know what else is at a record? The number of people on Food Stamps! 47 million! Really!

    No wonder most Americans aren't feeling very good about their finances these days. Nearly a-third of Americans believe we're still in a recession and 39% say the national economy is getting worse, according to a recent poll by American Research Group."
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