37sec snip

The Compound and Friends cover image

If You're Not Bullish Now...

The Compound and Friends

NOTE

Widening Wealth Disparity

Household assets have increased by 32% since January 2020, while liabilities have only increased by 24%, resulting in a widening gap between assets and liabilities. This indicates that individuals are accumulating wealth at a faster pace than their debts are growing. Financial advisors often find themselves needing to explain to clients that their portfolios have surpassed initial expectations due to this rapid wealth accumulation.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode