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re: When someone says what is your net worth?
Posted on 7/4/24 at 11:47 am to SuckerPunch
Posted on 7/4/24 at 11:47 am to SuckerPunch
Who has ever asked you that? Or, who are you asking this to?
Posted on 7/4/24 at 12:46 pm to SuckerPunch
I never answer the question.
Posted on 7/4/24 at 12:57 pm to geauxpurple
I've never had a single person ask me my net worth nor would I expect them to.
Posted on 7/4/24 at 1:17 pm to Lawyers_Guns_Money
quote:
Assets minus liabilities
I agree. But I don’t include sentimental (valuable) items that would never be sold.
Posted on 7/4/24 at 1:42 pm to SuckerPunch
Close to $3 million currently.
Posted on 7/4/24 at 2:05 pm to BabyTac
Damn! You must’ve had a great night at the casino! Just yesterday, you were a little over 2 million net!
quote:
Posted by BabyTac 7/2/24 at 7:26 am to LSU Grad 2021 My net worth is currently a bit over $2 million. Planning on retiring at 50
Posted on 7/4/24 at 2:20 pm to HarveyBanger
quote:
Why not? Is the money not yours ?
If your kid decided to not go to college
I'm hoping they don't need it all for college due to scholarships & GI Bill in which case I'll use it penalty free to fund their first 5 yrs of Roth IRA contributions.
Or, I'll keep it for grandkids some day. In no case do I plan on raiding it for myself.
Posted on 7/4/24 at 2:47 pm to TorchtheFlyingTiger
For the record, I upvoted you paying off your 1700 credit card debt. Don’t be so sensitive Junior. Get off my lawn.
Posted on 7/4/24 at 3:06 pm to Popths
quote:
People with money never discuss money.
My net worth is negative 350.
And I tell the young guys all my mistakes and lessons learned. Hope it will help them.
Posted on 7/4/24 at 3:24 pm to BabyTac
"Close to $3 million currently."
--
ALL the down votes come from those with less than $3 million.
--
ALL the down votes come from those with less than $3 million.
Posted on 7/4/24 at 3:42 pm to Ace Midnight
quote:What's weird is that nobody ever seems to net fees and taxes as well.
It is the difference between the market value of your assets and your debts/liabilities.
Like, if you sold your house, there would be transaction costs - and possibly taxes.
Posted on 7/4/24 at 3:54 pm to Big Scrub TX
Anybody expect to know exactly. My net fluctuates daily with the market, depreciation etc…. Pretty much an estimated amount.
Posted on 7/4/24 at 3:54 pm to Popths
quote:
For the record, I upvoted you paying off your 1700 credit card debt. Don’t be so sensitive Junior. Get off my lawn.
Thank u sir
Posted on 7/4/24 at 4:01 pm to ItzMe1972
quote:
ALL the down votes come from those with less than $3 million.
Or maybe it’s because he has voluntarily announced his net worth twice in the last two days, and gave two different numbers $1 million apart
Posted on 7/4/24 at 4:13 pm to OTIS2
I wasn’t counting my home. Just savings and investments.
Posted on 7/4/24 at 10:39 pm to BabyTac
Yea I hear in 24hours you can forget your math was $1 million off. ??
Posted on 7/5/24 at 9:59 am to SuckerPunch
quote:
When someone says what is your net worth
I answer "two commas"

Posted on 7/5/24 at 10:34 am to Big_Sur
quote:Two that come to mind are to purchase a franchise and to become an accredited investor with the SEC. Maybe to post some kind of bond but I've never had to do that. But other than a business situation I don't think it's any ones business.
Who has ever asked you that?
Posted on 7/5/24 at 11:30 am to SuckerPunch
I'd keep a depreciating asset like your vehicle out of it
Posted on 7/5/24 at 12:02 pm to Mariner
quote:My wife asked last night. I took your advise and now I’m in a lot of trouble.
That has to be the most offensive conversation starter ever. Just be an a-hole like he is and say "way more than you," "more than you could ever dream of having," or "I lost count"
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