Wealth of most Americans down 55% since recession
On Sat, 01 Jun 2013 22:43:39 -0400, Larry Kudlow
wrote:
Ed Pawlowski wrote:
So how's that recovery workin for ya?
Great. Made more money last year than I ever made, this year even
more.
How much did you lose in 2007/2008?
Where are you now compared to the crash in 2007?
Lost no income. not sure about property value, but that was all on
paper as I was not buying or selling so I was not affected. Mortgage
was paid so that was not an issue.
Stocks are ahead now by about 18%, but some of that was new
investment, not just growth. Income up by $37,000. My best year
ever last year, a bit better this year.
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