Reply to Do most people on DCUM have a net worth of at least 1 million?

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Reply to "Do most people on DCUM have a net worth of at least 1 million?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Most of it comes from their home.

If you were to take the home out of their 'net worth', most of the posters are not really millionaires.[/quote]

But it is part of their net worth.  If you took away Jeff Bezos' Amazon stock, he would not be a centibillionaire. [/quote]

Stocks are more liquid than someone’s home residence. 
Stocks &gt; home.

You’re not very bright. [/quote]

DUH

However, that does not change the definition of net worth, which definitely includes your home(s).

I currently own 4 homes (no mortgages, Approx $8M in value)  and definately include those in my net worth.  
[/quote]

Why are you including anything in your net wealth? I never even attempted to calculate mine until this thread. [b]Who is asking you for this? [/b]A dating app?[/quote]

DP, but at the moment the OP of the thread is asking.  More generally, it's prudent to have an understanding of your financial picture, which includes net worth.  [/quote]

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