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 Sociologists Calculate How Much Money It Takes to Maximize Happiness

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It isn't unusual for people to ask themselves the question, "How much money does it take to be happy?" The next time this thought crosses your mind, don't take it lightly because the answer is important, especially as it pertains to the management of your investment portfolio.

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Homeowners who sold in 2016 saw an average home price gain since purchase of $38,206 – or a 21 percent, on average, increase since purchase, ATTOM Data Solutions repots in its Year-End 2016 U.S. Home Sales Report. That's up from an average 13 percent gain in 2015, and it is the highest increase since 2007.

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