You should count only the investable assets, not total

wealth. And I wrote the article more than four years ago. The investable assets at the end of 2013 totaled $33.5 trillion.

 

所有跟帖： 

• That means institutional investors accounted for 60% -Porcelana- ♀ (76 bytes) () 12/06/2018 postreply 15:56:49

• $33.5T are less than just the bond market! What a joker! -career- ♂ (3256 bytes) () 12/06/2018 postreply 16:00:02

• If I own $1 bond from you and you own $1 bond from me, the total -Porcelana- ♀ (123 bytes) () 12/06/2018 postreply 16:11:55

• Now that bond is not *your* "investable assets", what's in your -career- ♂ (389 bytes) () 12/06/2018 postreply 16:21:17

• But you also have $1 debt。So the net asset is $0。 -Porcelana- ♀ (0 bytes) () 12/06/2018 postreply 16:27:43

• Pls answer my question--"what's in your $33.5T?" -career- ♂ (0 bytes) () 12/06/2018 postreply 16:35:50

• Net investable assets of all individuals and institutions. -Porcelana- ♀ (0 bytes) () 12/06/2018 postreply 16:38:30

• What are they? How you value them at $33.5T as you claimed? -career- ♂ (0 bytes) () 12/06/2018 postreply 17:01:42

• Read this short article： -Porcelana- ♀ (748 bytes) () 12/06/2018 postreply 17:07:58

• Nowhere it says your $33.5T...Stop 忽悠ing! -career- ♂ (440 bytes) () 12/06/2018 postreply 17:15:40

• Calm down！That’s for you to know the definition. This is where -Porcelana- ♀ (236 bytes) () 12/06/2018 postreply 17:19:29

• "does not include banking and other financial assets"--Work hard -career- ♂ (4820 bytes) () 12/06/2018 postreply 17:46:11

• Your 401K may be managed by JPM。If we count JPM your 401K will -Porcelana- ♀ (49 bytes) () 12/06/2018 postreply 17:50:59

• Your Mr. Nobody reporter can't count right for you... -career- ♂ (491 bytes) () 12/06/2018 postreply 18:09:20

• The best of 大忽悠2018! -career- ♂ (0 bytes) () 12/06/2018 postreply 16:27:22