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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Anyone who is not a moron knows that if you can pay in cash you do. A house, a car, whatever.

Those who argue otherwise are still trying to make it rich. Those who have know otherwise.[/quote]

Curious PP, what is your income?[/quote]

Zero debt. 300k HHI. Net worth 7.5 million.[/quote]

How impressive

~ 3.8M HHI , 38 M net worth 15 M debt

Looks like you're a bit of your league  :lol: [/quote]

These figures are meaningless without including your age[/quote]

They are meaningful at any age   :roll: [/quote]

You can’t compare who’s ahead, as the 2 posters seem to want to do, without knowing age. Plus $300K HHI $7.5M net worth screams 2 big law associates around age 30 with trust funds. $15M debt poster seems older because it’s harder to accumulate that much debt at a young age.[/quote]

If two big law associates have an annual HHI of 300K they are doing it wrong.  [/quote]

Yeah what a weird comment.  $300k HHI/$7.5M NW could be any of wide variety of different situations.  But one of the very few situations it absolutely is NOT, is two biglaw associates.  That's one of the very few things we can rule out.[/quote]

Lol what? You clearly have no idea what you’re talking about. In my circle it’s incredibly common for 2 big law associates right out of law school to have $300K HHI and massive family wealth. In 2 years they will pop out a kid and turn into a one income family with a SAHM. Not sure why everyone makes the assumption that the associates aren’t entry level and this is exactly why ages are important. [/quote]

I'm the poster people are referring to.  I'm 40.  Not big law, but did inherit significant equities.  2 working parents, 2 young kids.[/quote]

Also, I wasn't comparing to anyone - someone responded to me saying I'm out of my league.  Which, if he has 15M debt, is probably true.  I'd lose sleep over that![/quote]

Why would you lose sleep over $15M of debt if you have $38M in net worth, which means you have $53M in assets? Regardless that poster is probably full of shit.[/quote]

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