this post was submitted on 29 Feb 2024
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Economics

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You now need a net worth of $5.8 million to be among the richest 1% of Americans, report finds (fortune.com)
submitted 8 months ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 8 months ago (1 children)

Don't even get me started on art, watches, and jewelry.

Right? Sure they're valued at whatever, but who are you going to get to actually pay that much without a storefront to sell it for you?

[–] [email protected] 1 points 8 months ago (1 children)

The old "get it valuated by a paid expert then donate it to a museum for a tax break" trick.

[–] [email protected] 1 points 8 months ago

I doubt the museum is interested in my Citizen Eco Drive watch. Haha!