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Student of the obvious
Join Date: May 2000
Location: Phoenix
Posts: 7,714
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What's your net worth?
A lot of people here seem to have their act together financially. Let's see to what degree. In the event you don't know the definition of net worth...
Net worth = Everything you own minus all the money you owe. Example: If you live in a $1.4 million house and owe $1.4 million then your net worth is zero. Remember, polls are anonymous.
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Lee Last edited by LeeH; 08-11-2004 at 08:25 PM.. |
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08-11-2004, 08:17 PM
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Registered
Join Date: Mar 2004
Location: Westlake Village, CA
Posts: 942
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Why?
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Howard 73 914 2.0 'Suzi' 73 914 5.0 'Moby' 99 996 Tip Cpe 'Dietrich' www.thehowardagency.com http://www.youtube.com/watch?v=bOY2x-Uh6cU |
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08-11-2004, 10:04 PM
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Registered
Join Date: Nov 2003
Location: Downtown LA CA / North Texas
Posts: 1,175
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OK, who are the 3 over 3 mil ?????
I need aloan 
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944 85.0 Kalahari Beige -- Dead/Gone/NotForgotten (Ran Like a Raped Banshee) 944 85.5 Guards Red Current Stable 944 83 Kalahari Beige manual rack, short 5th gear951 86 Guards Red, pristine TurboYou must not anger the Porsche Gods - you MUST leave one small item unrepaired, lest the Stuttgartians smite thine car with bad Ju-Ju-AF Juvat |
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08-11-2004, 10:44 PM
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vott does ziss do?
Join Date: May 2003
Location: Seattle
Posts: 6,676
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08-11-2004, 11:41 PM
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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No Takers? Well comparing how much your net worth is like comparing the length of your dick to the next guy..your always afraid that you will come up short.
The other thing about money is that it is NEVER ENOUGH...if I only had a little more I could affford to get.........
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Copyright "Some Observer" |
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08-12-2004, 07:31 AM
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drag racing the short bus
Join Date: May 2002
Location: Location, Location...
Posts: 21,983
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The Terror of Tiny Town |
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08-12-2004, 07:45 AM
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The Cuddly One
Join Date: Nov 2002
Location: Milan, Italy
Posts: 1,515
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Measuring wealth in $ value is ok as away of keeping score but less meaningful in real terms.
After a certain point making money is relatively easy. Real wealth I believe requires money, time and the ability to enjoy it. The money is the easy part. How many do you know that made their own money that truly know how to enjoy it? Comparison corner: Many would consider me and my husband wealthy simply because of lifestyle, income and debtfree status - we don't think of ourselves as wealthy but very lucky. We are now learning to accumulate freetime and to enjoy it!
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-Isa 911E 3.0 (Tristezza, the Rattus Maximus) and Jimmy the Mini lll Dum vivimus, vivamus! Man braucht nicht reparieren was funktioniert! Last edited by Isabo; 08-12-2004 at 07:53 AM.. |
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08-12-2004, 07:46 AM
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Licensed User
Join Date: Feb 2003
Location: ....down Highway 61
Posts: 6,505
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We need a thread on net debt.
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08-12-2004, 07:51 AM
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Student of the obvious
Join Date: May 2000
Location: Phoenix
Posts: 7,714
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Lee |
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08-12-2004, 01:47 PM
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Registered
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He often wakes up and realizes he needs a break. But he is resting up so he can hit the grindstone even harder when he gets back. He's pretty much a comfirmed bachelor.
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Warren & Ron, may you rest in Peace. |
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08-12-2004, 01:51 PM
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Registered User
Join Date: Jul 2003
Posts: 4,247
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most people lie about money so i dont believe the results of this poll.
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08-12-2004, 03:01 PM
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Registered
Join Date: May 2003
Location: Rainbow Valley Arizona
Posts: 195
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i measure my net worth by experiences, not money in the bank. Certainly cash is nice, but I also kep in mind my journey maxim: "Work to live, not live to work".
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bh Gruppe B #367 1976 911s with 79 euro 3L 1995 Ford Powerstroke F250 1973 CZ400 1980 Maico 440 "If it aint broke, dont fix it" |
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08-12-2004, 03:26 PM
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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The real question is how much people have in LIQUID ASSETS
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Copyright "Some Observer" |
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08-12-2004, 09:45 PM
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fancytown
Join Date: Aug 2002
Location: DEE-troit
Posts: 1,726
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LIQUID...my bar is fully stocked...
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all cars sold. |
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08-12-2004, 10:27 PM
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Automotive Monomaniac
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I sat down about a month ago and ran all the numbers - interesting.
It is amazing how many people think it is just the value of their house (and never realize it is the value MINUS the mortgage balance - plus all the little things).
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2018 - Porsche 911 Carrera 7MT / 2018 - Porsche Macan 7DCT / 1993 - Cadillac Allante / 2023 - RAM TRX (on order) |
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08-12-2004, 10:33 PM
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Dog-faced pony soldier
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-100,000+
Education loans will do that to a person. Then again, I really don't care.
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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08-13-2004, 05:04 AM
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What?
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"It is not the level of prosperity that makes for happiness but the kinship of heart to heart and the way we look at the world. Both attitudes are within our power, so that a man is happy so long as he chooses to be happy and no one can stop him."
-Aleksandr Solzhenitsyn
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Tom J. 911SC Cab SCWDP CaymanS |
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08-13-2004, 05:45 AM
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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Net worth doesn't take into account your age. I expect old geezers to be wealthy, but a chap 4 years out of college isn't going to be flush with assets, yet.
From Millionaire Next Door: " Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be." If your net worth is twice the above number, then you are a Prodigious Accumulator of Wealth (PAW). Fascinating stuff in that book, and it is summarized at http://www.washingtonpost.com/wp-srv/style/longterm/books/chap1/millionairenextdoor.htm I strongly recommend the book if you want to get ahead. |
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08-13-2004, 05:45 AM
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Binge User
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It's no suprise that there are alot more "haves" than "have nots" on this board. I may not be in the 7 figure bracket, but I'm quite grateful of my lot in life & don't take it as a given.
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Paul |
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08-13-2004, 07:47 AM
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Automotive Monomaniac
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Quote:
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2018 - Porsche 911 Carrera 7MT / 2018 - Porsche Macan 7DCT / 1993 - Cadillac Allante / 2023 - RAM TRX (on order) |
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08-13-2004, 08:01 AM
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1985 Porsche 911 3.2 (Still in the stable)
1993 BMW 740 IL (Sold)
1985 Mercedes 380 SL (Sold)
1992 Harley Davidson Fatboy (Sold)
1971 Mercedes 280 SL (Currently being restored)
1983 911SC Cab / 2005 997.1 / 2006 Cayman S
997
Schatzi
Schatzi
