Net Worth: How Much You Own Minus How Much You Owe
Are you experiencing a reversal of fortune? Is your net worth lower this year than last? How does it compare to 2007, which was the height of the stock market? Or, what about in 2006, which was the top of the housing boom?
In a new article just published on the ThinkGlink.com site called Reversal of Fortune: Americans Have Lost $14 Trillion in Net Worth, I explore how the destruction of the housing and equity markets have taken a huge bite out of our net worth.
How much has your net worth declined this year?