From our house we built 4 years ago, we already have $400K in equity

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Apr 14, 2021
3:33:10pm

RH84025 Playmaker

From our house we built 4 years ago, we already have $400K in equity

(only had $50K when it was first built).

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RH84025

Previous username: RH84054
Bio page: RH84025
Joined: Oct 12, 2015
Last login: Apr 26, 2024
Total posts: 6,578 (0 FO)

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Messages

Author

Time

POLL: What is Your Net Worth (Total Assets minus Total Liabilities)?

Phred84044

4/14/21 3:29pm

Ok, I'm laughing. Lots of fibbers on this board.

babybroker

4/14/21 3:32pm

Most will be from houses. A lot of equity with the current housing market.

RH84025

4/14/21 3:34pm

True, if you own a profitable business its value is way up. Same for housing

Nat Gas Man

4/14/21 3:38pm

You think 24% of the board is over 2.5 mill?

YSMACK

4/14/21 3:47pm

I took the over. That includes the wife...

grandpacoug

4/14/21 4:27pm

First rule of CB, always answer the highest salary option, highest net worth option, hottest wife option

CSoul

4/14/21 3:35pm

Lots of olds on this board

Sea Chicken

4/14/21 3:38pm

From our house we built 4 years ago, we already have $400K in equity

RH84025

4/14/21 3:33pm

I'm guessing $650K for mine that was brand new 5 years ago.

Pete

4/14/21 3:44pm

I took the NPV of 30 years of pension, added investments and equity in home.

SpecialT

4/14/21 3:36pm

There isn't any options for negative net worth. What gives?

Sparkling Delirium

4/14/21 3:39pm

Choose the first option.

Archaea

4/14/21 3:41pm

But my net worth isn't 0, it is negative.

Sparkling Delirium

4/14/21 3:43pm

To quote Charlie in the Chocolate factory

Archaea

4/14/21 3:44pm

Do you have life insurance?

NOCAL_YFAN

4/14/21 3:55pm

It might explain why people have so much time to post. They're rich and bored.

Archaea

4/14/21 3:43pm

There no negative numbers on there so I guess I’m exempt.

StalwartBraveTrue

4/14/21 3:45pm

No negative net worth option?

Backcountry

4/14/21 5:17pm

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