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Reply to "Why would you not count your house in net worth calculation?"
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[quote=Anonymous]Right, but like any business, you make an estimate of the worth in order to establish an evaluation. Housing value counts. I wouldn't feel great if my home equity was 80% of my net worth, but it counts none the less. Just knowing where you stand is powerful and everyone should take the time to add everything up. Without it, you don't have a plan. It is no different than looking out ten years and trying to predict a return in the market. It is a guess but at least you are creating a model. [/quote]
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