The Obamas reported total financial assets valued between $2.8 million and $11.8 million in 2010....They report having between $1.1 million-$5.25 million invested in Treasury bills and another $1 million to $5 million in Treasury notes....The Obamas report having between $200,000-$450,000 invested in the Vanguard 500 Index Fund.
In other words, it looks like the president has only a small percentage (about 10 percent) of his personal financial assets invested in equities. This is far, far less than financial advisers would recommend. (If you are curious, I am at 60 percent equities.) Either the president is not very financially savvy, or he has reason to believe that the future of the U.S. economy is not very bright.
Or maybe he is just too busy to think about it.
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