Anonymous
12/11/2023 15:12
Subject: Just surpassed $1m net worth
Anonymous wrote:We are a little over a million too in ours 40s but we don’t make as much as many of you guys. HHI of 130k
This is what mine and my partner combined is. What does your portfolio look like?
Anonymous
01/31/2020 23:13
Subject: Re:Just surpassed $1m net worth
Anonymous wrote:Anonymous wrote:Anonymous wrote: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?
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.
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.
Anonymous
01/14/2020 17:22
Subject: Re:Just surpassed $1m net worth
Anonymous wrote:Anonymous wrote: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?
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.
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.
Anonymous
01/14/2020 16:51
Subject: Re:Just surpassed $1m net worth
Anonymous wrote: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?
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.