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Reply to "What a self made multiple millionaire would do in your shoes to increase your net worth."
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[quote=Anonymous][quote=Anonymous]Holy crap. Most of you are already rich, as far as I'm concerned! If my HHI was over $200K, I'd feel awesome! [/quote] OP here. Its not income that matters. It is percentage of income that comes in passively to the amount you have outgoing. when that figures exceeds 100% you are rich. Most people are below 15%. Mine is in the upper 80s and I that is only because we moved to a substantially larger house recently. Technically it is mistake for me to do this (I was over 100% before), but given the ridiculous interests rates currently I considered it calculated risk that what I would save in interest was worth the gamble that I could get back there in 2 years.[/quote]
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