I'm in the negatives. But I'm also graduating from college today. :)

I read the Millionaire Next Door and it rocked my world. Nowadays (aside from the admittedly rediculous luxury of having two p-cars in the driveway), you'd never guess my net worth by looking at me. I live in the smallest apartment I own and my tenants live larger than I do. Of course, I'm 38 and I expect to be retired when I'm 45. Free time is more imprtant to me than toys.

Edit: Oops, "imprtant" should be "important". Apparently spelling isn't one of my top priorities !!

Basically the Millionaire Next Door said the guy livin large with the fancy house and fancy cars don't have the goods to back it up...

Further most Millionaires live rather modestly, dirive modest cars have modest homes....etc...That more or less fits my profile...except for when I'm out gamblin and drinkin and Buffetin...Yeah Baby give me the high life ...live fast die young without a dime in your pocket..the he11 with tommorow live for today...

I once met one of the Douglas's of McDonald Douglas Aircraft..his comment was that the rich drive Rolls Royces and the wealthy drive VW Buses....meaning that the really rich folk don't need the flash....

If it was 1920 I would be filthy rich.

Rich is, enjoying the love of my children, my wife, my parents, my dog, my friends..., my health is right up there, sitting on the porch and not worrying about too much. Knowing the bills are paid helps.

Isn't that the truth. Even in high school (circa 1982) a friend and I had an agreement that if one of us ever accumulated $2 million that we would give the other $1 million... because $1 million was as much money as anyone would ever need.

Like I said it's how much you have in Liquid Assets that matters. If your worth 2 Million and your house is the major portion of it...your wealth is an illusion cause if you sell you gota buy somethin to live in and it's gona cost you. So what good are all those zeros unless of course you wana move to Arkansas.

Depends on how you use the equity in the house. You can refi and essentially "sell" the house to yourself and then use the cash to invest in an incoming-producing equity. So long as the income from the investment exceeds the interest rate on the refi loan, then the house is working for you. I've done it and it works very well - especially since second mortgages are (for whatever reason) issued with very low interest rates. Turning it into a positive cash flow is surprisingly do-able.