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Reply to "Just surpassed $1m net worth"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Purely out of curiosity, those of you who don't count home equity, do you still count your mortgage against your net worth? Or do you just leave housing out altogether? [/quote] [b]When I had mortgages, I left housing out altogether - and I’ve always had more equity in a property than debt (at all times). I also left our retirement when I used to try to reach the million mark.[/b] [/quote] Well, good for you -- but you're not calculating your net worth then. You're calculating something else. The definition of net worth is assets minus liabilities. That's how it works.[/quote]
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