Interested in how rich people allocate their assets? Just check out the 2005 detailed personal financial disclosures of the richest Congressmen:
http://www.opensecrets.org/pfds/overview.asp?type=W&cycle=2005&filter=A
Also, it's interesting to compare these disclosures against earlier years. Many Congressmen have doubled or tripled their net worth in the last 3 years thanks to booming stock markets and the real estate "bubble".
The largest sector where assets were held is in investment real estate.
Thursday, December 07, 2006
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