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Author: shortUSD Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35244  
Subject: Re: The Net Worth of American Households Date: 1/7/2007 4:48 PM
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I had no idea Americans were so poor. 49.8% of all households have a net worth under $100,000. That is very tiny money: a couple T-bill ladders and hardly adequate reserves in case of a genuine, financial hardship. A mere 11.4% of households have a net worth greater than $500,000, which also worrisome. $500k is merely the size of robustly-constructed, properly-diversified portfolio.

i hope you never run for any kind of political office

95% of americans would think they were ABSOLUTELY RICH if they ever ended up with 500,000 in savings

-USD
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