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re: Net Worth at 30

Posted on 7/31/13 at 12:59 pm to
Posted by Zach
Gizmonic Institute
Member since May 2005
112602 posts
Posted on 7/31/13 at 12:59 pm to
OK, gonna hafta go caps.

After I acknowledged your definition of net worth excluding mortgage we got this post:

quote:

Zach - anything you owe is a liability. It doesn't matter if its credit card balance, student loans, a mortgage,


Let me translate his post for you:

'MORTGAGE IS A LIABILITY'

'MORTGAGE IS A LIABILITY'

'MORTGAGE IS A LIABILITY'

Are you following so far? Well, when he made this post I said "That's a contradiction. You cannot tell me that mortgage is NOT a liability and then tell me it IS a liability. Those concepts are mutually exclusive."

And you people think I have reading comp problems?
Posted by yellowfin
Coastal Bar
Member since May 2006
97716 posts
Posted on 7/31/13 at 1:37 pm to
This may help but I doubt it:

Posted by Sigma_
Member since Jun 2013
46 posts
Posted on 7/31/13 at 3:57 pm to


You seem to be hung up on "net worth excluding mortgage". Just drop that out of your head and the rest of it should make sense.
This post was edited on 7/31/13 at 4:00 pm
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