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Home Ownership vs. How the Wealthy Actually Diversify

The Wealth Building Curriculum • Beginner Investing • 6 min

For a typical middle-class household, a home is very often the single largest asset they'll ever own — government survey data, like the Federal Reserve's Survey of Consumer Finances, has repeatedly found that home equity represents a very large share, frequently the largest single component, of a typical middle-class household's total net worth. For the wealthiest households, this same kind of survey data typically…

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