Half the people in the U.S. carry a high interest credit card balance, and that 57% of Americans don’t have a spare $1,000 for an emergency. So I really have trouble believing the average wealth per adult is $551,400.
This information strikes me as odd, considering that half the people in the U.S. carry a high interest credit card balance, and that 57% of Americans don’t have a spare $1,000 for an emergency. So I really have trouble believing the average wealth per adult is $551,400. Something is seriously faulty with this data.
I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
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