Comment by linsomniac
4 months ago
>I doubt his wealth has really gained much of anything in the last few years either.
He has probably gained around 5x in the last 2-3 years. He is heavily into bitcoin. I've gained 3x in the last 2 years and 4x in the last 3 years largely in the stock market.
Not saying you're wrong. In Colorado USA the middle class income range is $62-186K, which is a pretty huge range.
That’s great for you. Congrats.
I guess you’re “making more money”, but you’re going to be paying a lot more for everything too?
No, agreed that things do indeed cost a lot more. I don't see it in your example of parm, WalMart has it for $2-$5, which maybe is a lot more than it was a year ago, but also your finances may be a lot different than mine. Or maybe you're in a different parm bracket than I am. ;-) But also my family has been fairly fortunate, knock on wood, that the inflation hasn't impacted us much day to day, and also we have been able to have money to invest. I do realize that many, many people are not so fortunate.