The Average American Household Is Now A Millionaire, But Not The Median | Financial Samurai Podcast
Congrats! The average American household is now a millionaire according to the latest Federal Reserve Consumer Finance Survey. It's good to be average! Alas, the median American household is not a millionaire, which is a better reflection of the average American!
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The Average American Household Is Now A Millionaire
What Millionaires Do:
1) Invest in stocks
2) Participate in their retirement plans
4) Start and invest in private companies
Investment mention: The Fundrise Innovation Fund that invests in private growth companies in AI, fintech, proptech, and more.
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