I could be unemployed for a long long time. Years to care for myself and heal from all the hurt piled onto me from all the abusive employment.
About 90k Euros. Could almost get me an entry level Porsche Taycan in Germany. But that would be a pretty stupid decision as the upkeep and insurance would ruin me. Also with German entry level cars you can be lucky if it has windshield wipers.
Depends if you can sell it
I remember attending a trade convention in Toronto where they were showcasing this block of pure gold around the size of a loaf of bread. It was surrounded by Mounties but they welcomed me to come forward and even asked if I wanted to try and lift it. My God that thing was heavy!!
Then as I was about to leave, they said “Hold on sir, show us your hands.” I did and they said I was good to go. I asked what that was about and they said some people try to scrape a bit off under their fingernails as a souvenir since gold is one of the softer metals.
A kilo of gold is worth about $193k currently, which depending on where you live and how old you are means different things. For example, if that was your whole net worth and you are a Baby Boomer in the US you’d be about $1.5M below the average family. If you’re under 35, though, you’d be slightly above average. (Via kiplinger)
FWIW because the top 1% have so much wealth they skew the average significantly - overall the median net wealth in the US is right around that $193k number, but the average is just over $1M, which is pretty amazing.
$200K in net wealth would just about put you into the global top 10% and into the top 1% if those were your earnings for the year.
the median net wealth in the US is right around that $193k number, but the average is just over $1M, which is pretty amazing.
I’d say that the median is the average in this case. The mean usually works as a mathematical average, but in this example, it’s clearly skewed.
The difference isn’t between median and average, but between median and mean.
