Net Worth???

Moneyneversleeps · Jul 30, 2006

Let's take a poll...what's your net worth and age excluding equity in your home/cars/personal belongings???? Just include retirement and other liquid investments.

ppeter · Jul 30, 2006

this is possibly the stupidest 'poll' I have seen so far at the Rx. Unless you are flat broke, why on earth would you divulge this information over the internet? Only ones that will respond are either braggarts or liars.

Journeyman · Jul 30, 2006

Where is BigBet?

TTinCO · Jul 30, 2006

Journeyman said:
Where is BigBet?

:lolBIG: :lolBIG: :lolBIG:

p.s. Don't expect any honest answers from a bunch of online gamblers.

For that matter, don't expect many responses period-it's just not smart.

WVU · Jul 30, 2006

I am worth the world to my Mommy

Moneyneversleeps · Jul 30, 2006

I bet the average net worth excluding home equity/cars/personal belongings on the rx is less than $25000

MattRain · Jul 30, 2006

27, about -$25k :dancefool

vanzack · Jul 30, 2006

JAYBIRD0711 said:
I bet the average net worth excluding home equity/cars/personal belongings on the rx is less than $25000

Of course it is.

The net worth of the average american excluding home equity/cars/personal belongings is less than 25K.

MattRain · Jul 30, 2006

Ok, ok, I was just bragging.

-$30k. :realtongu

Moneyneversleeps · Jul 30, 2006

vanzack said:
Of course it is.

The net worth of the average american excluding home equity/cars/personal belongings is less than 25K.

Is it really? What is the average net worth?

WVU · Jul 30, 2006

JAYBIRD0711 said:
I bet the average net worth excluding home equity/cars/personal belongings on the rx is less than $25000

not with the level of education as the recent poll suggested. Hell we are full of PHD's here

WVU · Jul 30, 2006

why would you exclude home equity? HE has real value and in most cases easily liquidated

JackStraw77 · Jul 30, 2006

What's next, an A/S/L poll

lander · Jul 30, 2006

Dr. WVU,
That was a fantastic croquette game this afternoon. I fancy we should play again some time. Perhaps triscuits and tea afterwards would make a suitable course for discussing our many degrees and great wealth?
Ta ta.

Dr. Lander

MattRain · Jul 30, 2006

WVU said:
not with the level of education as the recent poll suggested. Hell we are full of PHD's here

Newly PHD'ed people will bring the average down. My girlfriend just got hers and she beats my negative worth by $20k. :103631605

Moneyneversleeps · Jul 30, 2006

Most people who drive expensive cars, live in expensive houses, and live high consumption livestyles are broke...."Big Hat No Cattle" as stated in the Millionaire Next Door.

DrunkenHorseplayer · Jul 30, 2006

I'm 41 years old and my net worth is $30; the IRS will verify that.

TTinCO · Jul 30, 2006

JAYBIRD0711 said:
Most people who drive expensive cars, live in expensive houses, and live high consumption livestyles are broke...."Big Hat No Cattle" as stated in the Millionaire Next Door.

There are also millions of people who have made hundreds upon hundreds of thousands of dollars just by sitting on real estate for 5-10 years in the right market at the right time.

(I'm not one of them)

WildBill · Jul 30, 2006

Americans fall generally in two camps. Net worth well into 6 figures (including home equity, which has to be counted) or damn near zero or below it. An average or even a person's net worth are totally irrelevant. Either you live in a way that has put you in or on the road to joining the 6 figures crowd or you are forever going to be stuck near zero. It does amaze me though talking to people at work how pathetic most people I should call my peers are at saving and spending. I would say at least half are pretty much paycheck to paycheck people. I could leave my job and be fine for years, these people would be without insurance and taking out a home equity loan within 2 months. And it is so simple, you just have to value savings and the security it brings and chances are very good you can get on the path to a comfortable net worth.

bigbet1234 · Jul 31, 2006

Jman, go load one of your vending machines, and try not to trip over yourself looking at your reflection in the window.

Don't ask a question on what you look like, cause Jman will be the first to post a pic. Well, he use to be, until, well......do a search.

BB