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/biz/ - Business & Finance

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25858684 No.25858684 [Reply] [Original]

https://www.clevergirlfinance.com/blog/average-net-worth-by-age-where-do-you-stand/

>> No.25858727

>>25858684
Nigger math.

>> No.25858754

>>25858684
It’s because the top 1% are jews and wasps so they spike the average for the entire demographic and thus give make us all privileged.

>> No.25858759

>>25858684
the other two are even more ridiculous

>> No.25858793

>>25858754

The average net worth has to be something like -$80,000 because all the money is counterfeited by the cabal and loaned with interest.

>> No.25858801

kek classic averages meme

>> No.25858805

>>25858684
Car should not be included in net worth, unless it’s a classic or something (a rare case in which a vehicle doesn’t depreciate). Anyway, between my 100k boomer stocks and 20k crypto at age 24 I guess I’m doing a lot better than most normies.

>> No.25858812

probably counting asians as white

>> No.25858822

>>25858684
There's no way either of those numbers are true, lol.

>> No.25858844

>>25858684
And don't forget
>Conveniently excluding Asians in order to further the 'Whites vs POC' narrative

>> No.25858862

>>25858812
No retard who do you think owns 99% of the wealth in the country and also calls itself white?

>> No.25858874
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25858874

OP link is the 4th search result for 'average net worth' on Joogle.

>> No.25858877
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25858877

>>25858862
>who

>> No.25858911

>>25858684
now separate jews from whites

>> No.25858973

>>25858911
seperate white from white?

>> No.25858993

>>25858684
me and Bezos have an average net worth of of 90 billion

>> No.25858997

>>25858684
Niggers and numbers, ya know...

>> No.25859037

>>25858684
This study, once again, sheds light on the fact that European races today are naturally superior to others. Considering the significant number of such studies, a deduction can be made: this is not the result of a hypothetical social construction over thousands of years but rather of cognitive and behavioural capacities selected by evolution.

>> No.25859071

>>25858973
Jews aren’t white, kike

>> No.25859076

>>25858793
Easy there goy

>> No.25859112
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25859112

>>25858973
Yeah, White from huWhite

>> No.25859198
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25859198

>>25858684
also why the fuck are they considering averages and not median? Goddamn niggers, I swear

>> No.25859245

>>25858862
>who do you think owns 99% of the wealth in the country and also calls itself white?
Those bastard jesuits.

>> No.25859252
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25859252

>>25859076
>Easy there goy

This must be the kind of math that counted the six gorillian.

1 of 2

>> No.25859269

>>25859198
To push an agenda. Same reason they pretend kikes are White.

>> No.25859284
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25859284

>>25859076
>>25859252

2 of 2

>> No.25859748

>>25859252
And? What would your preferred pick be? Increasing money supply? Decreasing money supply? Stagnating money supply? Please enlighten me on why anything but increasing the money supply would be a good thing, or should I say "the lesser of the evils."

>> No.25859798

>>25858684
it means most billionaires are white. that's all.

>> No.25860031

>>25858684
>"According to a survey by the Federal Reserve, the average net worth of Americans is $692,100"

Literally from the fucking survey:

>"THE AVERAGE BALANCE FOR PARTICIPATING FAMILIES IN THE TOP !) PERCENT OF THE DISTRIBUTION INCREASED THE MOST, REACHING $692,800."

So, not only is this the top 10 percent, it's an average (which is oh so different from the median which is the true indicator), of those "with an individual retirement account or pension."

>"clever girl finance"

Not that this isn't obvious enough for me to need to spend 5 seconds debunking this but god dayum.

The irony isn't funny it's sad.

>> No.25860058

>>25859748
>And? What would your preferred pick be?

If you looked at the 2 of 2 it says the private debt is $27 trillion and the public debt is $19 trillion. I don't know if corporate debt is counted in here but that's $46 trillion in debt and M3 is less than half that. My point is it doesn't make sense for the average person to not be in debt. I'm not going to work out the formula but I will set it up.
$18T - $46T / every US citizen = average net worth.

>> No.25860072

>>25860031
TOP 10 PERCENT

>> No.25860091

>>25858684
>(((White)))
>using mean instead of median

>> No.25860108

BTW, if anyone's interested.

https://www.youtube.com/watch?v=QPKKQnijnsM&t=6s

>> No.25860147

>>25860072
CAPSLOCK ECONOMIST IN INTERNET RAMPAGE

>> No.25860168
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25860168

>>25858684
That's actually less believable than the average black having a net worth of 138k

>> No.25860196

>>25860168
their organs alone should be able to fetch them $120k.

>> No.25860198

>>25858793
this. are money is backed by debt.

>> No.25860200

>average net worth is higher than median (at $746,821 vs. $121,411, respectively), median is the 'middle point' of wealth. That is, half of households in the United States have more net worth, and half less – average is biased by high net worth households dragging the average upwards.

https://dqydj.com/average-median-top-net-worth-percentiles/

>> No.25860223

>>25860168
how about $8?

https://www.bostonglobe.com/metro/2017/12/11/that-was-typo-the-median-net-worth-black-bostonians-really/ze5kxC1jJelx24M3pugFFN/story.html

>> No.25860229

Since when is debt considered net worth?

>> No.25860257
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25860257

>>25860223

>> No.25860270

>>25858862
I already knew they were counting them fuckface
asians also earn more on average than real white people

>> No.25860395

>>25860058
Money supply doesn't have to equal or even exceed debt. Sure there isn't enough money in existence say for someone to pay off all that debt at once but there doesn't have to be. Currency is just an exchange medium and it doesn't dictate the inherent value of things. Your car isn't somehow worthless because there isn't enough money in circulation to cover all the debt. You could have a situation like Zimbabwe where the currency was worthless and hyperinflated to infinity, it still doesn't stop that wagon or whatever from having value.

>> No.25860466

>>25860108
>When the Left talks about economics intelligently. The only time they are based.

>> No.25860507

Plz america, my net worth is not that and I am white, please increase accordingly.

>> No.25860682

>>25860395
>Money supply doesn't have to equal or even exceed debt.

It's not just money supply. It's all liquid assets.
If I ask an individual, or household or a country to tell me everyone's liquid assets minus their debts that is the net worth of the person or entity. I don't mean this as an ad hominem, but are you stupid?

>> No.25860721
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25860721

>>25858973
If jews are white than this guy is black.

>> No.25860735
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25860735

>>25860108
I'll throw in this old chestnut.

>> No.25860884

>>25860682
Assets minus debts = big positive number in the trillions.

>> No.25861038

>>25860884
>Assets minus debts = big positive number in the trillions.

Okay, assets plus debts. These numbers of net worth come from the Federal Reserve so they have an incentive to prevent people from realizing there is 2x to 4x more debt than money.

>> No.25861052

>>25858684
Does that include 401k/pension or something? Otherwise I feel like a complete loser

>> No.25861069

Hey , newbie here. I just got into crypto and I'm trying to figure out where I should put my money. Sure thing btc and eth is too expensive for me now
i know enough not to participate into alts but I'm just not sure about new platforms and pools with nft

Found Poolz shilling on Twitter, seems legit but wanna know your thoughts, is it good?
what should I do?

>> No.25861104

>>25861038
I literally just talked to you about this and you called me retarded. It doesn't matter if debt + assets exceeds currency in circulation. You don't need 150$ trillion in currency to "back" the value of your assets and debt.

>> No.25861140

>>25861069
just buy satoshis for fractions of a penny a piece

>> No.25861157

>>25861069
>what should I do?

LINK is under performing compared to BTC and most others. RSR is pretty much a lock over the long term.

>> No.25861242

>>25858684
>average
>(((white)))
classic

>> No.25861248

>>25860735
so? it's called computers

>> No.25861249

>>25858684
>girl
>finance
>niggers on stock image
What did you expect?

>> No.25861351
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25861351

>>25858684
>Most of us know our net worth isn't as high as Beyonce’s

Should I even continue reading after this?

>> No.25861381

>>25861104
>You don't need 150$ trillion in currency to "back" the value of your assets and debt.

You can't be argued with because you seem to have faith the majority are not in debt and the money and debt are just some kind of abstract construct. It's not a wishy washy abstraction. The debt is real and the Federal Reserve Note dollars are real. You are very aware of how much liquid assets you have vs how much money you have to pay back. It's pretty simple, there is much more money owed than money and assets owned. It had to be this way because the cabal counterfeits all the money and loans it with interest and they do not print the interest. Every dollar originated as an interest bearing debt. Everyone who repaid a loan with interest got the interest from someone else's loan.
You have to make a substantive point if you want to argue whatever point you are trying to make.
Do you know it's a fractional reserve banking system and the banks own the Federal Reserve?

>> No.25861461

>>25858684
My net at 37 is 1.75M thanks to link. Been on biz for 3 years thanks for the helps goys

>> No.25861506

>>25861248
>so? it's called computers
>>25860735

It's called dysfunction or conspiracy to fuck the White Middle Class.

>> No.25861522

>>25861381
Okay now you've just descending into schizoposting the private banks do not control the federal reserve, why would they? Now here comes the conspiracy about the deep state etc. they've sold us all out to the jews etc.

Money and debt are abstract. It doesn't fucking matter if there isn't enough currency compared to debt, all that matters is there is enough currency for people to make their transactions and guess what there is. I really just don't understand the cabal shit and how dollars have interest attached to them? Explain how the "cabal" loans money to the government and then the government pays money in interest to them? Why would they do that when they can just print the money themselves?

>> No.25861608

>>25858877
Old man does it with style, young guy is too schizo

>> No.25861718

>>25858684
Maybe Jewish Americans have an average net worth of that much but that’s because they are the most competent and highest IQ group

>> No.25861733

>>25861506
Your not entitled to the fruits of the investment companies risked

>> No.25861799

>>25860466
it's really not a left vs right debate, that's just theater

It's an us vs (((them))) debate they don't want to have

>> No.25861824
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25861824

>>25860735
>>25861248
oh no my friend. Why don't you ask google this exact question, "wtf happened in 1971"?

>> No.25861896
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25861896

>>25858973
Faggot.

>> No.25862450

>under 35 the median is 11k

How the fuck are people so poor in an era of massive inflation? How are they so dumb?

>> No.25862598
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25862598

>>25859245
Its hilarious how you stupid goys think you are superior even though a race that makes up 1% of your population is in control of 99%. Byebye inbred incel, stay inferior

>> No.25862956

>>25858684
>The average net worth for families under the age of 35 is $76,200 while the median is $11,100.
OHNONONO HAHAHA FUCKING PATHETIC

>> No.25863020

>>25858973
hi kike