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re: Are you in the 1% club?

Posted on 1/25/15 at 6:47 pm to
Posted by OFWHAP
Member since Sep 2007
5416 posts
Posted on 1/25/15 at 6:47 pm to
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 by nolanola
Member since Nov 2010
7586 posts
Posted on 1/25/15 at 7:24 pm to
quote:

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?


As for commercial real estate you can also work off of the numbers for the cash flow of the investment.
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