"Median weekly earnings of the nation's 118.3 million full-time wage and salary workers were
$936 in the fourth quarter of 2019 (not seasonally adjusted), the U.S. Bureau of Labor
Statistics reported today. This was 4.0 percent higher than a year earlier, compared with
a gain of 2.0 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the
same period."
Given wages not increasing with COL in cities and availability of credit (student loans, rising rents, credit cards, low interest rates) I'd assume poorly
My portfolio has been doing fantastic, but I have to stop and wonder how the average person who doesn’t have assets is doing.