Hacker News new | ask | show | jobs
by rbcgerard 4506 days ago
haha - you should probably read the articles you reference:

"Some readers wondered if the 1 percent by wealth weren’t an entirely different group of people from the 1 percent by income. But there is substantial overlap: the Fed data suggests that about half of the top 1 percent of earners are also among the top 1 percent in the net worth category."

1 comments

So the grandparent poster is not in the 1% of wealth, but might be in the 1% of earners :) .

When I think of the 1%, I think of the former, but I guess many are referencing the latter.

In any case, I am neither :P