What Net Worth Puts You in the Top 10%?
Damien Talks Money Damien Talks Money
187K subscribers
130,094 views
0

 Published On Jan 21, 2024

Compare coverage and stay informed on breaking news by subscribing through my link https://ground.news/damien to receive 30% off the Vantage subscription which is about £4/month for unlimited access to all the important features such as the Blindspot feed.

Today I want to look at what net worth gets you into the top 10% of richest families in the UK and also see how the components of that differ between sections of society.

The brokers I use:
InvestEngine
https://investengine.pxf.io/eKR40z
Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine

Trading 212
https://trading212.com/promocodes/DAMIEN
If you do not get your free share after depositing £1. Use promo code DAMIEN, you will find it in the section with the three lines in the bottom right corner of the app.

Vanguard
https://www.vanguardinvestor.co.uk/
This is not an affiliate link

Links from this video:
For a summary of everything you can get that here with my newsletter:
https://financialinterest.com/net-worth/

Nimble fins data:
https://www.nimblefins.co.uk/savings-...
ONS chart
https://www.ons.gov.uk/peoplepopulati...
Paper from the video:
https://onlinelibrary.wiley.com/doi/1...
This is money:
https://www.thisismoney.co.uk/money/m...
Investopedia article:
https://www.investopedia.com/insights...

Timestamps:
00:00 - Pie
02:20 - What net worth?
03:15: Missing wealth
04:13 - Where everyone keeps their money
06:58 - Sponsor
08:32 - Financial Assets
08:56 - Home
10:05 - The missed opportunity
12:00 - Risk

DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.

DISCLAIMER: I am not a financial advisor and none of the content on this channel is financial advice. All information is provided for educational/entertainment purposes. If you are making investment or other financial decisions and require advice, please consult a suitably qualified licensed professional.

show more

Share/Embed