|
Families' wealth in billions of dollars - Losses since beginning 2008 |
World |
USA-2004 |
USA-2008 |
DE |
|
NETWORTH = ASSET-DEBT |
50.250,6 |
59.790,8 |
13.780,0 |
|
|
ASSET = FIN+NFIN |
185.690,0 |
59.108,8 |
69.977,8 |
15.800,0 |
| Asset: Financial losses since beginning 2008 |
>4.400,0 |
> 300,0 |
||
|
FIN = LIQ+CDS+SAVBND+BOND+STOCKS+NMMF+RETQLIQ+CASHLI+OTHMA+OTHFIN. |
68.690,0 |
21.097,9 |
26.265,2 |
6.900,0 |
| FIN: Financial losses since beginning 2008 |
> 2.100,0 |
> 300,0 |
||
|
LIQ: Holdings of checking, savings, money market, and call accounts. |
10.000,0 |
2.779,8 |
3.196,8 |
2.200,0 |
|
CDS: Holdings of certificates of deposit. |
14.000,0 |
780,3 |
2.900,0 |
700,0 |
| CDS: Financial losses since beginning 2008 | ? | ? | ? | |
|
SAVBND: Holdings of savings bonds. |
|
113,7 |
130,8 |
250,0 |
|
BOND: Direct holdings of bonds.* |
3.200,0 |
1.115,2 |
1.282,5 |
750,0 |
|
STOCKS: Direct holdings of publicly traded stocks.* |
18.000,0 |
3.711,2 |
4.267,9 |
600,0 |
| STOCKS: Financial losses since beginning 2008 |
? |
1.700,0 |
280,0 |
|
|
NMMF: Mutual funds other than money market mutual funds, and hedge funds. |
5.000,0 |
3.101,5 |
3.566,7 |
? |
| NMMF: Financial losses since beginning 2008 |
? |
400,0 |
? | |
|
RETQLIQ: IRAs, Keogh accounts, and other pension accounts where withdrawals or loans may be taken (such as 401(k) accounts). |
9.000,0 |
6.752,4 |
7.765,3 |
|
|
CASHLI: Cash value of life insurance. |
5.000,0 |
625,2 |
719,0 |
1.600,0 |
| CASHLI: Financial losses since beginning 2008 |
8 |
15 |
||
|
OTHMA: Equity holdings of annuities, trusts, and managed investment accounts. |
3.000,0 |
1.683,6 |
1.936,1 |
350,0 |
| OTHMA: Financial losses since beginning 2008 | ? | ? | ? | |
|
OTHFIN: Value of miscellaneous financial assets (e.g., futures contracts, oil leases, royalties, etc.). |
1.490,0 |
435,0 |
500,3 |
450,0 |
|
NFIN = VEHIC+HOUSES+ORESRE+NNRESRE+BUS+OTHNFIN. |
117.000,0 |
38.010,9 |
43.712,5 |
8.900,0 |
|
VEHIC: Market value of all personally owned automobiles, trucks, motor homes, campers, motorcycles, boats, airplanes, helicopters, and miscellaneous vehicles. |
7.000,0 |
1.944,8 |
2.236,5 |
500,0 |
|
HOUSES: Market value of principal residences. |
60.000,0 |
19.109,7 |
21.976,2 |
6.900,0 |
| HOUSES: Financial losses since beginning 2008 |
2.300,0 |
7,0 |
||
|
ORESRE: Market value of residential real estate other than principal residences. |
12.000,0 |
3.757,7 |
4.321,4 |
700,0 |
|
NNRESRE: Net equity in real estate other than HOUSES and ORESRE. |
6.000,0 |
2.772,3 |
3.188,1 |
|
|
BUS: Net equity in closely held businesses. |
30.000,0 |
9.841,2 |
11.317,4 |
700,0 |
|
OTHNFIN: Value of miscellaneous nonfinancial assets (e.g., antiques, artwork, etc.). |
2.000,0 |
585,2 |
673,0 |
100,0 |
|
DEBT = MRTHEL+INSTALL+OTHLOC+CCBAL+ODEBT. |
|
8.858,2 |
10.186,9 |
2.020,0 |
|
MRTHEL: Amount outstanding on mortgages and home equity lines of credit secured by principal residences. |
6.660,4 |
7.659,5 |
1.800,0 |
|
|
RESDBT: Amount outstanding on mortgages secured by residential real estate other than a principal residence. |
751,0 |
863,7 |
||
|
INSTALL: Amount outstanding on installment debt. |
970,9 |
1.116,5 |
200,0 |
|
|
OTHLOC: Amount outstanding on lines of credit other than home equity lines of credit. |
64,1 |
73,7 |
||
|
CCBAL: Amount outstanding on credit cards. |
266,0 |
305,9 |
20,0 |
|
|
ODEBT: Amount
outstanding on miscellaneous debts (e.g., debts to family members,
borrowing against insurance policies |
145,8 |
167,7 |
||
|
Memo item: |
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|
INCOME: Total income for the year preceding the survey year. |
7.930,4 |
9.120,0 |
1.500,0 |
|
|
* Direct holdings are those held outside of a managed asset such as mutual funds, trusts, managed investment accounts, annuities, and tax-deferred retirement accounts., + estimation |
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