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View Poll Results: Net worth (assets minus liabilities)?
Less than $0. I owe more than I own. 4 11.76%
$1 to $24,999 2 5.88%
$25,000 to $49,999 3 8.82%
$50,000 to $99,999 3 8.82%
$100,000 to $199,999 3 8.82%
$200,000 to $299,999 3 8.82%
$300,000 to $499,999 6 17.65%
$500,000 to $749,999 2 5.88%
$750,000 to $999,999 1 2.94%
$1 million or more 7 20.59%
Voters: 34. You may not vote on this poll

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      11-15-2007, 01:26 PM   #1
MikeT
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Poll: Net Worth

Some here are paying cash for their 1ers. Some here are shocked that someone would have that kind of cash. We already know about income, but let's get a sense of the net worth around here. So, here we go: assets minus liabilities. Please provide the fair market value of your assets, securities, cash and equivalents less mortgages, student loans, personal loans, credit card balances, etc. If you're married, you can include your spouse's assets/liabilities. If you're single, just include your own stuff (NOT that of your parents).
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      11-15-2007, 01:41 PM   #2
larryn
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Quote:
Originally Posted by MikeT View Post
Please provide the fair market value of your assets, securities, cash and equivalents less mortgages, student loans, personal loans, credit card balances, etc. If you're married, you can include your spouse's assets/liabilities. If you're single, just include your own stuff (NOT that of your parents).
I think you mean "Please take into account". People would have to be nuts to post those details here.


Also, can I count my in-laws as a financial liability?
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      11-15-2007, 01:43 PM   #3
ppDoc
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no one will post those details here. and if they do, it's probably fake
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      11-15-2007, 01:44 PM   #4
theslik1
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Quote:
Originally Posted by larryn View Post
I think you mean "Please take into account". People would have to be nuts to post those details here.

Also, can I could my in-laws as a financial liability?
Where's the ninja smiley when you need it?
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      11-15-2007, 01:45 PM   #5
MikeT
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Quote:
Originally Posted by larryn View Post
I think you mean "Please take into account". People would have to be nuts to post those details here.
Right. Please provide your answer by voting in the poll. Don't post the details.
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      11-15-2007, 01:57 PM   #6
larryn
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Quote:
Originally Posted by theslik1 View Post
Where's the ninja smiley when you need it?





:iono: :biggrin:
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      11-15-2007, 02:13 PM   #7
ibeam81
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Quote:
Originally Posted by larryn View Post
People would have to be nuts to post those details here.
Thus my reason for passing on this poll.
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      11-15-2007, 02:14 PM   #8
1ster
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My assets:

*Ranch in Crawford, Texas
*Halliburton stock
*Fleet of Cadillac DTSs
*Not sure if I own this, or if it's a lease, but...
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      11-15-2007, 02:25 PM   #9
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Quote:
Originally Posted by MikeT View Post
Some here are paying cash for their 1ers. Some here are shocked that someone would have that kind of cash.
I'm shocked that someone smart enough to accumulate that much cash would pay cash for a car. Such a choice is financially ignorant.

I suspect that people who are paying cash are the ones who have the emotional but somewhat illogical belief that "owning" their car makes sense because it makes them feel better.

People like this feel better, but don't get rich.

So it's not the wealthy people who are paying cash, quite the opposite.
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      11-15-2007, 02:27 PM   #10
kurichan
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He doesn't ask for details, just a poll answer...
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