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Yes, and most of the benefit from the stock market goes to the wealthy
Quit envying the wealthy, and count your blessings. Maybe your profits are not as great as your neighbors, but why can't you be happy that you are making a profit?
Quit envying the wealthy, and count your blessings. Maybe your profits are not as great as your neighbors, but why can't you be happy that you are making a profit?
Quit envying the wealthy, and count your blessings. Maybe your profits are not as great as your neighbors, but why can't you be happy that you are making a profit?
I'm not envying the wealthy. It's the Democrats who do...
Net worth for households and non-profit groups rose by $2.95 trillion in the fourth quarter, or 3.8 percent from the previous three months, to a record $80.7 trillion, the Federal Reserve said today from Washington in its financial accounts report, previously known as the flow of funds survey.
Households and nonprofit organizations sector (tables F.100 and L.100)
Estimates for this sector are largely residuals and are derived from data for other sectors. Availability of data depends on schedules for other sectors. Data for consumer credit, which are estimated directly, are available through 2013
:Q4. The source for nonprofit organizations data (tables F.100.a andL.100.a) is the Internal Revenue Service Statistics of Income. Data for nonprofit organizations are available for 1987 through 2000.
Nonprofits account for about 6% of this sector's financial assets, but they own a larger share of some of the individual financial instruments held by the sector. Non-profits are included because data for them are not available separately, except for the years 1987 to 1996.
Quote:
This sector accounts for about 40% of financial assets of all sectors combined (1997). For most categories of financial assets, the values for the household sector are calculated as residuals. Amounts held or owed by other sectors are subtracted from known totals, and the remainders are assumed to be the amounts owed or held by the household sector.
No, I'm not (to both points). You are a Democrat or Democrat-leaning indie and I was pointing out the irony.
I dont recall ever complaining about anyone having too much money, but you are doing that here.
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