#wealth-perception

[ follow ]
fromFortune
1 month ago

Wealthy people are going to keep getting richer, say analysts, but a rise in 'luxury shame' will mean they'll try to hide it

A rather interesting issue that we're starting to see come up more and more in discussions ... about things like wealth taxes and inheritance taxes is that increasingly there is a gap between the perception of wealth and the reality of wealth.
US politics
Retirement
from24/7 Wall St.
3 months ago

I Have Well over $1 Million But I Feel Poor Because Most of the Money Doesn't Count.

Having a net worth of over $1 million does not guarantee feelings of wealth, especially if assets are tied up in illiquid investments.
[ Load more ]