Yes, as with most middle class and above. They have a house, cars, stocks, where most of their wealth is. They don’t tend to keep much cash (relatively) because cash doesn’t grow. That’s why Trump would have to sell property (or truth social stock) in order to meet his 454Million judgement.
Ok, so they just have assets that have a estimated value?
Yes, as with most middle class and above. They have a house, cars, stocks, where most of their wealth is. They don’t tend to keep much cash (relatively) because cash doesn’t grow. That’s why Trump would have to sell property (or truth social stock) in order to meet his 454Million judgement.