‘Middle class’ is $150k - 400k??? Count me out lol I’m a poor man.
Investing Thread (Stocks, Crypto, Real Estate, Whatever)
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
You may be reading an extra zero in there somewhere.SuburbanFarmer wrote: ↑Fri Apr 30, 2021 1:24 pm‘Middle class’ is $150k - 400k??? Count me out lol I’m a poor man.
"Hey varmints, don't mess with a guy that's riding a buffalo"
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Tiny text at the bottom:
‘Middle class comprises individuals making 75-200% of the median’.
If the US median is 300k, then it’s actually 250k-600k or so.
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Biggest number on the X-axis is 40k.SuburbanFarmer wrote: ↑Fri Apr 30, 2021 1:56 pmTiny text at the bottom:
‘Middle class comprises individuals making 75-200% of the median’.
If the US median is 300k, then it’s actually 250k-600k or so.
"Hey varmints, don't mess with a guy that's riding a buffalo"
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Numeracy > Literacy
It's a poor choice for someone to have to deal with, I reckon. But the hierarchy is real.
:goteam: :drunk:
It's a poor choice for someone to have to deal with, I reckon. But the hierarchy is real.
:goteam: :drunk:
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
All I know is that Bloomberg could give every American a million dollars and still be rich. Why can't we be more like Europe?
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
If we all have a million dollars, then being a millionaire is no different than having nothing, right?
The baseline simply moves from starting at zero to starting at $1 million.
(Not to mention I don't know who is going to work the next day for their normal weekly wage the day after we all get a million bucks. It's not the pancea people believe it to be. They think you can give everyone a million bucks, but someone will still be manning the starbucks and McDonald's window. Nope. They got a million bucks too. )
The baseline simply moves from starting at zero to starting at $1 million.
(Not to mention I don't know who is going to work the next day for their normal weekly wage the day after we all get a million bucks. It's not the pancea people believe it to be. They think you can give everyone a million bucks, but someone will still be manning the starbucks and McDonald's window. Nope. They got a million bucks too. )
"Hey varmints, don't mess with a guy that's riding a buffalo"
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Well shit, I did misread that. Guess I just went from lower to upper. How is the ‘median’ $15/hr??DBTrek wrote: ↑Fri Apr 30, 2021 2:02 pmBiggest number on the X-axis is 40k.SuburbanFarmer wrote: ↑Fri Apr 30, 2021 1:56 pmTiny text at the bottom:
‘Middle class comprises individuals making 75-200% of the median’.
If the US median is 300k, then it’s actually 250k-600k or so.
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)
Came from one of your favorite publications, I'll just post the link:SuburbanFarmer wrote: ↑Fri Apr 30, 2021 3:58 pmWell shit, I did misread that. Guess I just went from lower to upper. How is the ‘median’ $15/hr??DBTrek wrote: ↑Fri Apr 30, 2021 2:02 pmBiggest number on the X-axis is 40k.SuburbanFarmer wrote: ↑Fri Apr 30, 2021 1:56 pmTiny text at the bottom:
‘Middle class comprises individuals making 75-200% of the median’.
If the US median is 300k, then it’s actually 250k-600k or so.
https://www.zerohedge.com/economics/rec ... government
(I posted the graph in isolation so Zero Hedge haters wouldn't be biased, since the data came from the OECD)
"Hey varmints, don't mess with a guy that's riding a buffalo"
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