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Investing - Theory, News & General • Does your net worth percentile influence your financial decisions...? (Calculator attached)

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Thank you for everyone's answers.

I find it calibrating to see the data, but have not quite understood what to do with it.

It "must" be important....

The Federal reserve certainly went to a lot of trouble to collect the data....I'm sure we've all seen the many articles along the way in the various news outlets/blogs discussing how to determine where you rank, etc....., Investment firms promise to raise your rankings if you buy their services/products....., Politicians speak of it frequently... etc, etc....

Yet it's interesting that nobody here seems to have any use for the information.

Not sure what to make of it, but it's interesting nonetheless....

Best to all....,

Statistics: Posted by CraigTester — Mon Apr 01, 2024 11:30 pm — Replies 28 — Views 1931



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