Anonymous
Post 03/28/2016 23:54     Subject: Re:Why would you not count your house in net worth calculation?

The equity in your home is part of your net worth - http://www.investopedia.com/terms/n/networth.asp

It's also liquid via a home equity loan.
Anonymous
Post 03/28/2016 22:52     Subject: Re:Why would you not count your house in net worth calculation?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It still counts to net worth.

Assets minus liabilities.


This.


+1. Until you own it outright, the value isn't yours. Even then market value is unstable.


That doesn't make it any less of an asset. My stocks also shift in value, but they still have value.
Anonymous
Post 03/28/2016 21:33     Subject: Re:Why would you not count your house in net worth calculation?

According to Forbes ur net worth is everything but your residence. That's how they determine millionaires they exclude ur primary residence
Anonymous
Post 03/28/2016 13:45     Subject: Why would you not count your house in net worth calculation?

That's why it's called net worth and not net liquid.