This quote in a Marketwatch.com article on how the sentiment of “wealthy investors” has turned negative towards the investment climate caught my eye:
“The investment outlook by affluent investors, those with $100,000 or more in financial assets,…”
I would not consider someone having $100,000 in financial assets to be ‘affluent’. But when a huge chunk of the population has a negative net worth, I suppose it doesn’t take much to be considered well-to-do these days.
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Numbers is hard...
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