Is The American Dream Still Alive? Artwork

KP Talks Dollars and Sense

KP Talks Dollars and Sense helps you learn financial literacy and provides real-time updates on all things housing, finance, and real estate with your host Kevin Peranio. As an owner and C-level executive for 20 plus years in finance, KP is here to serve you with all of his knowledge and experience. Tune in each week for more episodes. Kevin Peranio does not render or offer to render personalized investment or tax advice through KP Talks Dollars and Sense. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.

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KP Talks Dollars and Sense

Is The American Dream Still Alive?

March 01, 2024 • Season 2 • Episode 36

How wealthy is the top 1% in America?

The top 1% in America has a combined worth of $35 trillion.

About 55% to 61% of their total wealth comes from investments in stocks and similar assets.

The bottom 50% of Americans are all about real estate. Their combined worth is only $7 trillion, which is significantly less compared to the $35 trillion held by the top 1%.

Here's the latest on treasury rates.

It's been fluctuating around 4.25% to 4.29%, but it's yet to break past those critical levels of 4.34% or 4.41%.

What's interesting is that our 10-year treasury is the highest in the world!

While it's attracting a ton of attention and money, there's a catch. As U.S. taxpayers, we're footing the bill for those hefty interest payments on our debt.

Is this the best way to manage the national debt? Listen and share your thoughts.

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People on this episode

Kevin Peranio

Host