Four-question wealth test challenges your true riches
Scott Burns reviews a wealth test inspired by Ferdinand Lundberg. He asks four questions to distinguish real wealth from flashy appearances: mortgage pressure, passive income vs interest, ability to survive without working, and pride in occupation. He notes retirees rely on dividends and Social Security, and urges skepticism toward status signals.
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Ferdinand Lundberg
Pe Lundberg
Federal Reserve
Economy indicators show ongoing Iowa job growth
The Iowa Leading Indicators Index stayed at 106.1 in February with a positive six month annualized gain of 0.9 percent for the 13th straight month. Diesel fuel use rose 5.6 percent from a year ago and building permits rose, signaling housing recovery, though the index’s negatives included manufacturing hours and agricultural profits.
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