4 ms·
thats only one issue, there are many others. there are also a ton of people who just dont save/invest any of their money, even those making 100k a year. furth
by autokad 7y ago
thats only one issue, there are many others. there are also a ton of people who just dont save/invest any of their money, even those making 100k a year. furthermore, we are in a bit of bull market for stocks, which networth overly focuses on.
also networth is just a terrible metric. it ignores income streams, it ignores things that produce income like degrees, etc. it over inflates paper wealth as mentioned before.
- max76 7y agoI understand that a person's networth isn't the same as their value. It's still a reasonable approximation of someone's current financial position.