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So 38% of Americans are have more than $1000 sitting around becoming less valuable everyday? That may be a more interesting conversation to have.
by rozap 11y ago
So 38% of Americans are have more than $1000 sitting around becoming less valuable everyday? That may be a more interesting conversation to have.
- TallGuyShort 11y agoOnly 38% of Americans are capable of being self-reliant in the event they miss a paycheck or two. edit: Why the downvotes? Is there a problem with being moderately self-reliant?
- lmm 11y agoSavings accounts aren't the only way to achieve that.
- mod 11y agoYou can put me in that group, though I don't know why you have to declare me a sucker--you don't even know my motivations. Surely you can have the conversation without tossing around insults.
- ghaff 11y agoAnother way to look at it is the following. Many Americans (but fewer than 38% I'm sure--to be fair) have more than $1000 sitting around earning minimal or no interest--but also fully liquid at zero to minimal risk of capital loss--as part of a diversified portfolio strategy.