IF RESPONDENT is (7)
The next questions I will be asking are designed to give estimates of the wealth of families in the United States and how this has changed in the last two years. In these questions when I refer to the family, I mean the family for which you are answering.
[IWER: THIS IS A PROXY R, PLEASE REPHRASE QUESTIONS SO THAT THEY REFER TO THE FAMILY UNIT ONLY AND NOT THE PROXY R.]
Do [you/you or your family] have any real estate other than your main home, such as a second home, land, rental real estate, or money owed to you on a land contract?
ELSE
The next questions I will be asking are designed to give estimates of the wealth of families in the United States and how this has changed in the last two years. In these questions when I refer to you and your family, I mean your family living there with you.
END
Does that include a second home?
W2 If you sold all that and paid off any debts on it, how much would you realize on it? If W2 is (not equal to DK and not equal to RF) then go to W6 W3 Would it amount to $50,000 or more?
W2
If you sold all that and paid off any debts on it, how much would you realize on it?
Would it amount to $50,000 or more?
$150,000 or more?
$5,000 or more?
W6 What is the value of what [you/you or anyone in your family] own on wheels? Including personal vehicles you may have already told me about and any cars, trucks, a motor home, a trailer, or a boat -- what are they worth all together, minus anything you still owe on them? If W6 is (not equal to DK and not equal to RF) then go to W10 W7 Would it amount to $10,000 or more?
W6
What is the value of what [you/you or anyone in your family] own on wheels? Including personal vehicles you may have already told me about and any cars, trucks, a motor home, a trailer, or a boat -- what are they worth all together, minus anything you still owe on them?
Would it amount to $10,000 or more?
$25,000 or more?
$2,000 or more?
W10 Do [you/you or anyone in your family] own part or all of a farm or business?
Do [you/you or anyone in your family] own part or all of a farm or business?
W11
$200,000 or more?
$10,000 or more?
W15 Do [you/you or anyone in your family] have any shares of stock in publicly held corporations, mutual funds, or investment trusts -- not including stocks in employer-based pensions or IRAs?
Do [you/you or anyone in your family] have any shares of stock in publicly held corporations, mutual funds, or investment trusts -- not including stocks in employer-based pensions or IRAs?
W16
If you sold all that and paid off anything you owed on it, how much would you have?
Would it amount to $25,000 or more?
$50,000 or more?
$100,000 or more?
W21 Do [you/you or anyone in your family] have any money in private annuities or Individual Retirement Accounts (IRAs)?
Do [you/you or anyone in your family] have any money in private annuities or Individual Retirement Accounts (IRAs)?
Are they mostly in stocks, mostly in interest earning assets, split between the two, or what?
W22 How much would they be worth? If W22 is (not equal to DK and not equal to RF) then go to W27 W23 Would it amount to $25,000 or more?
W22
How much would they be worth?
W27 Do [you/you or anyone in your family] have any money in checking or savings accounts, money market funds, certificates of deposit, government savings bonds, or treasury bills -- not including assets held in employer-based pensions or IRAs?
Do [you/you or anyone in your family] have any money in checking or savings accounts, money market funds, certificates of deposit, government savings bonds, or treasury bills -- not including assets held in employer-based pensions or IRAs?
W28
If you added up all such [accounts/accounts for all of your family], about how much would they amount to right now?
Would it amount to $5,000 or more?
$1,000 or more?
W33 Do [you/you or anyone in your family] have any other savings or assets, such as bond funds, cash value in a life insurance policy, a valuable collection for investment purposes, or rights in a trust or estate that you haven't already told us about?
Do [you/you or anyone in your family] have any other savings or assets, such as bond funds, cash value in a life insurance policy, a valuable collection for investment purposes, or rights in a trust or estate that you haven't already told us about?
W34
If you sold that and paid off any debts on it, how much would you have?
W38 Aside from the debts that we have already talked about, like any mortgage on your main home or vehicle loans -- do [you/you or anyone in your family] currently have any other debts such as credit card charges, student loans, medical or legal bills, or loans from relatives?
Aside from the debts that we have already talked about, like any mortgage on your main home or vehicle loans -- do [you/you or anyone in your family] currently have any other debts such as credit card charges, student loans, medical or legal bills, or loans from relatives?
W39
If you added up all these [debts/debts for all of your family], about how much would they amount to right now?
Would it amount to $2,000 or more?
W43 IF TYPE OF IW is (1) These next questions are about changes in your wealth since we last interviewed you, .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999. In these questions, when I refer to you I mean you and any family members living with you during that time. Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or your family] put aside money in any private annuities or IRAs? ELSE These next questions are about changes in your wealth during the last two years. In these questions, when I refer to you I mean you and any family members living with you during that time. Since January 1999, did [you/you or your family] put aside money in any private annuities or IRAs? END
IF TYPE OF IW is (1)
These next questions are about changes in your wealth since we last interviewed you, .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999. In these questions, when I refer to you I mean you and any family members living with you during that time.
Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or your family] put aside money in any private annuities or IRAs?
These next questions are about changes in your wealth during the last two years. In these questions, when I refer to you I mean you and any family members living with you during that time.
Since January 1999, did [you/you or your family] put aside money in any private annuities or IRAs?
W44
How much did that amount to?
Was it $10,000 or more?
W48 IF TYPE OF IW is (1) Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] cash in any part of a pension, private annuity, or IRA? ELSE Since January 1999, did [you/you or anyone in your family] cash in any part of a pension, private annuity, or IRA? END
Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] cash in any part of a pension, private annuity, or IRA?
Since January 1999, did [you/you or anyone in your family] cash in any part of a pension, private annuity, or IRA?
W49
How much did that amount to, not including any penalities or costs?
W54 IF TYPE OF IW is (1) Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] sell any home you were using as your main dwelling? ELSE Since January 1999, did [you/you or anyone in your family] sell any home you were using as your main dwelling? END
Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] sell any home you were using as your main dwelling?
Since January 1999, did [you/you or anyone in your family] sell any home you were using as your main dwelling?
W55
About how much was the selling price, net of any commissions?
[IF R SOLD MORE THAN ONE MAIN HOME, ASK ABOUT THE ONE OWNED IN .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999.]
[IF R SOLD MORE THAN ONE MAIN HOME, ASK ABOUT THE ONE OWNED IN JANUARY 1999.]
Was it $60,000 or more?
$120,000 or more?
$30,000 or more?
W59 IF TYPE OF IW is (1) Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] buy any real estate other than your main home, such as a vacation home, land, or rental property? ELSE Since January 1999, did [you/you or anyone in your family] buy any real estate other than your main home, such as a vacation home, land, or rental property? END
Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] buy any real estate other than your main home, such as a vacation home, land, or rental property?
Since January 1999, did [you/you or anyone in your family] buy any real estate other than your main home, such as a vacation home, land, or rental property?
W60
Altogether, how much money did [you/you or anyone in your family] put into that?
W64 IF TYPE OF IW is (1) Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] sell any real estate other than your main home, such as a vacation home, land, or rental property? ELSE Since January 1999, did [you/you or anyone in your family] sell any real estate other than your main home, such as a vacation home, land, or rental property? END
Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] sell any real estate other than your main home, such as a vacation home, land, or rental property?
Since January 1999, did [you/you or anyone in your family] sell any real estate other than your main home, such as a vacation home, land, or rental property?
W65
Altogether, how much money did [you/you or anyone in your family] get from that?
W69 IF TYPE OF IW is (1) Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or your family] make additions or improvements totaling $10,000 or more to any homes or other real estate [you/any of you] owned? Do not count general maintenance or upkeep. ELSE Since January 1999, did [you/you or your family] make additions or improvements totaling $10,000 or more to any homes or other real estate [you/any of you] owned? Do not count general maintenance or upkeep. END
Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or your family] make additions or improvements totaling $10,000 or more to any homes or other real estate [you/any of you] owned? Do not count general maintenance or upkeep.
Since January 1999, did [you/you or your family] make additions or improvements totaling $10,000 or more to any homes or other real estate [you/any of you] owned? Do not count general maintenance or upkeep.
W70
What was the total dollar cost of the additions or improvements, plus the value of any work you may have done yourself?
Was it $25,000 or more?
$75,000 or more?
W73 IF TYPE OF IW is (1) Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] put money into a business or farm? ELSE Since January 1999, did [you/you or anyone in your family] put money into a business or farm? END
Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] put money into a business or farm?
Since January 1999, did [you/you or anyone in your family] put money into a business or farm?
W74
W78 IF TYPE OF IW is (1) Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] sell part or all of your interest in a business or farm? ELSE Since January 1999, did [you/you or anyone in your family] sell part or all of your interest in a business or farm? END
Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] sell part or all of your interest in a business or farm?
Since January 1999, did [you/you or anyone in your family] sell part or all of your interest in a business or farm?
W79
W83 IF TYPE OF IW is (1) Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] buy any shares of stock in publicly held corporations, mutual funds, or investment trusts, including any automatic reinvestments -- not including any IRAs? ELSE Since January 1999, did [you/you or anyone in your family] buy any shares of stock in publicly held corporations, mutual funds, or investment trusts, including any automatic reinvestments -- not including any IRAs? END
Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] buy any shares of stock in publicly held corporations, mutual funds, or investment trusts, including any automatic reinvestments -- not including any IRAs?
Since January 1999, did [you/you or anyone in your family] buy any shares of stock in publicly held corporations, mutual funds, or investment trusts, including any automatic reinvestments -- not including any IRAs?
Did [you/you or anyone in your family] also sell any such assets?
Did you buy more or sell more -- that is, on balance, did you put money into stocks, mutual funds, or investment trusts, take money out of them, or put about as much in as you took out?
W86
About how much money did [you/you or anyone in your family] [put in/take out]?
Was it $20,000 or more?
W91
Altogether, how much money did [you/you or anyone in your family] put in?
Since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999, did [you/you or anyone in your family] sell any shares of stock in publicly held corporations, mutual funds, or investment trusts?
Since January 1999, did [you/you or anyone in your family] sell any shares of stock in publicly held corporations, mutual funds, or investment trusts?
W97
W102 IF TYPE OF IW is (1) Sometimes changes in a family's savings or assets are due to people joining or leaving the family. Was there anyone living with you in MONTH OF PREVIOUS WAVE IW 1999 who doesn't live with you now and who took $5,000 or more in assets or debts away with them? ELSE Sometimes changes in a family's savings or assets are due to people joining or leaving the family. Was there anyone living with you in January 1999 who doesn't live with you now and who took $5,000 or more in assets or debts away with them? END
Sometimes changes in a family's savings or assets are due to people joining or leaving the family. Was there anyone living with you in MONTH OF PREVIOUS WAVE IW 1999 who doesn't live with you now and who took $5,000 or more in assets or debts away with them?
Sometimes changes in a family's savings or assets are due to people joining or leaving the family. Was there anyone living with you in January 1999 who doesn't live with you now and who took $5,000 or more in assets or debts away with them?
W103
Altogether, what is the total dollar value of the assets that were removed that way?
W108 Altogether, what is the total dollar value of debts that were removed that way? If W108 is (not equal to DK and not equal to RF) then go to W112 W109 Was it $10,000 or more?
W108
Altogether, what is the total dollar value of debts that were removed that way?
Automatic CAI System Calculation: 5X
Is there someone in your family living with you now who has joined the family since .JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember 1999 and who had $5,000 or more in assets or debts at the time they joined the family?
Is there someone in your family living with you now who has joined the family since January 1999 and who had $5,000 or more in assets or debts at the time they joined the family?
W114
Altogether, what is the total dollar value of assets that were brought into the family that way?
W119 Altogether, what is the total dollar value of debts that were brought into the family that way? If W119 is (not equal to DK and not equal to RF) then go to W123 W120 Was it $10,000 or more?
W119
Altogether, what is the total dollar value of debts that were brought into the family that way?
W123 Some people's assets come from gifts and inheritances. During the last two years, have [you/you or anyone in your family] received any large gifts or inheritances of money or property worth $10,000 or more?
Some people's assets come from gifts and inheritances. During the last two years, have [you/you or anyone in your family] received any large gifts or inheritances of money or property worth $10,000 or more?
W124
What year did you receive that?
YEAR
IWER: CODE 9997 FOR NOT YET
W125
How much was it worth altogether, at that time?
W128 Did you receive any other large gifts or inheritances of money or property in the last two years?
Did you receive any other large gifts or inheritances of money or property in the last two years?
W129
W130
W133 Any other large gifts or inheritances in the last two years?
Any other large gifts or inheritances in the last two years?
W133a
W133b
How much was it worth altogether, at one time?
Q1940 CAI System Placeholder Question TIMESTAMP Automatic CAI System Calculation: Elapsed Time
CAI System Placeholder Question TIMESTAMP Automatic CAI System Calculation: Elapsed Time
Automatic CAI System Calculation: Elapsed Time