Today's Markets Explained - The numbers and statistics do the talkingSubmitted by James River Wealth Advisors on July 27th, 2015
Highlights of the attachment:
64% of American adults do not have a will, an increase from the 57% of adults that did not have a will in 2011 (source: Rocket Lawyer).
Germans conduct 80% of their financial transactions in cash. Only 32% of Germans own a credit card (source: Deutsche Bundesbank).
The national home ownership rate was 63.7% at the end of the 1st quarter 1993, peaked at 69.2% at the end of the 4th quarter 2004, and now has dropped all the way back to 63.7% again at the end of the 1st quarter 2015 (source: Census Bureau).