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Liberal_in_LA

(44,397 posts) Thu Jun 11, 2015, 04:58 PM Jun 2015

Do You Feel Wealthier?? [View all]

-- A rising stock market and climbing home priceshave boosted Americans' net worth to a new high.

The Federal Reserve says the value of Americans' stock holdings, real estate and other assets rose to $84.9 trillion in the first three months of this year. That's up from $83.3 trillion in the final three months of last year.

Stock portfolios rose $487 billion, home values by $503 billion.
http://www.wilx.com/home/headlines/Do-You-Feel-Wealthier-307020421.html?device=tablet&c=y

19 votes, 0 passes \| Time left: Unlimited
	yes
	7 (37%)
	no
	12 (63%)
	0 DU members did not wish to select any of the options provided.
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43 replies

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Highlight:

Do You Feel Wealthier?? [View all] Liberal_in_LA Jun 2015 OP

I will say that my 401k grew expedentially over the Exilednight Jun 2015 #1

On paper I am pretty good yeoman6987 Jun 2015 #11

Only stocks I've still got Erich Bloodaxe BSN Jun 2015 #2

Wealthier on paper, maybe. Blue_In_AK Jun 2015 #3

better to be wealthier on paper than poorer on paper. Warren DeMontague Jun 2015 #23

Indeed. Blue_In_AK Jun 2015 #34

My savings and income are at an all time low. PowerToThePeople Jun 2015 #4

compared to what? Motown_Johnny Jun 2015 #5

better than a few years ago Liberal_in_LA Jun 2015 #17

Our stocks, income and home assessment always do better under any Democrat! leftofcool Jun 2015 #6

My 403b is awesome if I could cash it out today...get back with me in 23 years. ileus Jun 2015 #7

My wife lost her job due to long term illness 2 months ago DJ13 Jun 2015 #8

you have been dealing with a lot. I am so sorry. Liberal_in_LA Jun 2015 #15

Thank you DJ13 Jun 2015 #31

How terrible for you! DawgHouse Jun 2015 #41

The city offers a 10 year loan @ 7% interest DJ13 Jun 2015 #42

another day on the right side of the dirt Lurker Deluxe Jun 2015 #9

you are very wealthy in the ways that matter Liberal_in_LA Jun 2015 #16

The way to ask this question is really to poll folks younger than me... Orsino Jun 2015 #10

We're doing quite a bit sharp_stick Jun 2015 #12

I've watched the paper value of my dad's portfolio soar Warpy Jun 2015 #13

I live in L.A. ,the answer is absolutely not olddots Jun 2015 #14

Hell yeah! I just found half of a double cheese pizza in the dumpster! Zorra Jun 2015 #18

seriously? Liberal_in_LA Jun 2015 #20

No, just making a sarcastic statement about income disparity in America. Zorra Jun 2015 #39

Hocked Mom's Silver To Pay The Rent... Yowzaa !!! WillyT Jun 2015 #19

No, but if each of you send me $19.99 a month for life, I will. Solly Mack Jun 2015 #21

Than I did in, say, March of 2009? Abso-ffffffucking-lutely. Warren DeMontague Jun 2015 #22

The last place on earth would I get financial advice is on yeoman6987 Jun 2015 #37

Our wealth has been decreasing after one major illness and college for our kids. hunter Jun 2015 #24

K & R !!! WillyT Jun 2015 #25

. Liberal_in_LA Jun 2015 #27

We do worse every year. F4lconF16 Jun 2015 #26

Yes, did well last 7 years, market and job-wise. Able to retire reasonably comfortably at age 65.75 HERVEPA Jun 2015 #28

Well I can't afford a house and they just keep going higher and higher Johonny Jun 2015 #29

I am thankful for my job. Texasgal Jun 2015 #30

Since Bush drove the economy into the ditch? zappaman Jun 2015 #32

I'd have dental/medical debt if not for Obamacare. And I have a tiny IRA that goes up KittyWampus Jun 2015 #33

Very peculiar way to word the question . . . markpkessinger Jun 2015 #35

Is that even a word? postatomic Jun 2015 #36

Wealthier but far from wealthy. MineralMan Jun 2015 #38

not really Cheese Sandwich Jun 2015 #40

I'm still at the age where I want the stock market to be low Recursion Jun 2015 #43