No, that makes perfect sense. And once I caught up on the thread I realized you guys WERE talking both.
Interestingly (to me), the census forms going back 200 years always had 2 columns for estate estimates, real estate and non real estate. Sorry to interrupt, it is interesting, Jerry On Thu, Sep 30, 2010 at 2:47 PM, Judah McAuley <[email protected]> wrote: > > On Thu, Sep 30, 2010 at 11:32 AM, Jerry Johnson <[email protected]> wrote: > > > > And how can you justify excluding real estate? > > > > (That is a LARGE part of many overall wealth equations) > > Most real estate is not income producing, fungible or very liquid. > Which doesn't mean that you ought to always exclude it of course but > it is a different type of wealth than, say, your paycheck. > > Assets and income are both important but they are different from one > another. When looking at wealth in the United States, I think it is > important to look at both and understand what they mean. In either > case, the income gap is still widening in terms of both gross assets > and net income. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:328340 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
