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Message
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Posted on 1/25/15 at 6:47 pm to CidCock
quote:
Posted by CidCock
Lot of people exceeding 800k net worth considering this is a message board where 80% of posters are younger than 32.
Unless you have US stocks and Treasuries exceeding that amount, then I think your claim is very suspect. I'm not sure how much I trust real estate and jewelry "appraisals" these days. How many people on this site would be considered accredited investors?
Posted on 1/25/15 at 6:49 pm to CidCock
quote:
Lot of people exceeding 800k net worth considering this is a message board where 80% of posters are younger than 32.
People under 32 can't exceed 800k?
Posted on 1/25/15 at 7:16 pm to CidCock
I honestly think it's dumb, form a real-life standpoint, to include a house in your net.
If I have a mortgage free house worth 750, but no other savings, what do I really have?
You have to live somewhere.
Also, people tend to overvalue cars and personal belongings a great deal.
If I have a mortgage free house worth 750, but no other savings, what do I really have?
You have to live somewhere.
Also, people tend to overvalue cars and personal belongings a great deal.
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