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MineralMan

(151,424 posts)

38. Wealthier but far from wealthy.

Fri Jun 12, 2015, 10:50 AM

Jun 2015

Since 2008, my income is up, since the economy has improved. The value of my home has returned to what I paid for it in 2004, after serious declines due to GWB.

However, my retirement investments had to be liquidated due to not having enough work, so I'll get to work until I die, most likely.

I have GWB to blame for the decline and Barack Obama for the recovery. Life continues apace. I'm still not wealthy, and will never be, but I'm in a better position today than I was in 2008.

Thanks, Mr. President!

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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