The annual median personal income was $31,099 in 2016. The top 1% has a vastly different portfolio because they have an average income of $1.3 million. They have more capital to diversify and have satisfied basic financial needs. It’s hard to accomplish the latter on $31,099.
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Agree with
@franciscojarceo. Not accurate to infer from pie chart that the rich own stocks. Both rich and poor buy houses. But the rich still have more spare capital to diversify heavily into equities. Even after buying a luxurious home(s). The poor don't.#stocks#RealEstate - Još 2 druga odgovora
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Your comparing balance sheets when ya should be comparing cash flow statements. Better picture of reality.
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No sire! Rich People Own Houses, Rich People Own Stocks. Poor people aint got shii
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“Rich people are healthier because they buy better insurance. Whereas poor people consistently get themselves crappy cheap insurance.” — also Sam Ro?
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Millennials don't own either.
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That is a false assumption, though
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Čini se da učitavanje traje već neko vrijeme.
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