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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]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 > home. You’re not very bright. [/quote] np. It has nothing to do with liquidity. It's about the fact that an owner-occupied residence is not earning you any money. I own $3M in stocks and our primary house outright. But I'd rather have $6M in rental properties than $3M in stocks. [/quote]
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