Fed Chair Janet Yellen highlighted the dearth of assets for lower- and middle-income families in a speech Thursday. She noted that the bottom fifth of American households had a median net worth of just $6,400 in 2013. Many had no or negative net worth. The next fifth had a median net worth of just $27,900.
(So the answer is NO) most of us are not better off... Most of us been living on what was left from 2009
Getmenews wanted to go long during 2003 with his own fund; but it was in a PIMCO fund and Wells Fargo refused to transfer it to a long bond fund, that alone costs me 250,000 in profits. Thank you Jeffrey Mizrahi, now VP of investments…
In 1999; Sunhealth Filed Chapter 11 and costs me a mere 150,000; they went public again, but before the company sold years later, they did a reverse split just before the sale... and still today, I can not get what little money the shares are worth.
All in All, you all do what you want, just dont bother me with nonsense... For Example; DownWithPumpers, get lost ok!
