The most prestigious law school admissions discussion board in the world.
|
 |
 
|
1 in 7 white households have $1M net worth. U post
| hairless mental disorder national security agency | 03/22/18 |
| Sapphire floppy fortuitous meteor dilemma | 03/22/18 |
| hairless mental disorder national security agency | 03/22/18 |
| contagious trailer park kitty | 09/30/18 |
| Insanely creepy toaster | 03/22/18 |
| hairless mental disorder national security agency | 03/22/18 |
| Fiercely-loyal glittery mad cow disease | 03/22/18 |
| hairless mental disorder national security agency | 03/22/18 |
| Thriller Sanctuary Pocket Flask | 03/23/18 |
| cruel-hearted fragrant hissy fit | 03/22/18 |
| Lime charismatic den | 03/22/18 |
| sexy beady-eyed church multi-billionaire | 03/22/18 |
| flickering puce wrinkle cuckold | 03/22/18 |
| sexy beady-eyed church multi-billionaire | 03/22/18 |
| Up-to-no-good Hall Headpube | 03/22/18 |
| Lime charismatic den | 03/22/18 |
| hairless mental disorder national security agency | 03/22/18 |
| Sapphire floppy fortuitous meteor dilemma | 03/22/18 |
| claret impertinent stag film digit ratio | 03/22/18 |
| hairless mental disorder national security agency | 03/22/18 |
| kink-friendly gaming laptop sound barrier | 09/30/18 |
| disturbing blathering abode | 03/22/18 |
| Insanely creepy toaster | 03/22/18 |
| abnormal address nibblets | 03/22/18 |
| disturbing blathering abode | 03/22/18 |
| sexy beady-eyed church multi-billionaire | 03/22/18 |
| Cobalt bat shit crazy temple | 03/22/18 |
| disturbing blathering abode | 03/22/18 |
| Cobalt bat shit crazy temple | 03/22/18 |
| disturbing blathering abode | 03/22/18 |
| Copper Chapel Gay Wizard | 03/23/18 |
| abnormal address nibblets | 03/22/18 |
| hairless mental disorder national security agency | 03/22/18 |
| transparent vigorous site mother | 03/24/18 |
| Copper Chapel Gay Wizard | 03/22/18 |
| disturbing blathering abode | 03/22/18 |
| Copper Chapel Gay Wizard | 03/23/18 |
| White underhanded mexican native | 03/23/18 |
| Mewling bawdyhouse | 03/23/18 |
| Copper Chapel Gay Wizard | 03/22/18 |
| disturbing blathering abode | 03/22/18 |
| White underhanded mexican native | 03/23/18 |
| Copper Chapel Gay Wizard | 03/23/18 |
| flickering puce wrinkle cuckold | 03/22/18 |
| disturbing blathering abode | 03/22/18 |
| Lime charismatic den | 03/22/18 |
| Hideous supple dopamine cruise ship | 03/22/18 |
| hairless mental disorder national security agency | 03/22/18 |
| Razzle-dazzle Canary Set | 09/30/18 |
| Insane lay selfie | 03/22/18 |
| bossy judgmental hunting ground | 03/22/18 |
| sexy beady-eyed church multi-billionaire | 03/22/18 |
| Topaz Center | 03/22/18 |
| Exciting walnut stage | 03/23/18 |
| impressive university | 03/23/18 |
| awkward aphrodisiac heaven internal respiration | 03/23/18 |
| comical thirsty messiness | 03/23/18 |
| awkward aphrodisiac heaven internal respiration | 03/23/18 |
| comical thirsty messiness | 03/23/18 |
| awkward aphrodisiac heaven internal respiration | 03/23/18 |
| comical thirsty messiness | 03/23/18 |
| impressive university | 03/23/18 |
| comical thirsty messiness | 03/23/18 |
| concupiscible garrison | 03/23/18 |
| concupiscible garrison | 03/23/18 |
| Umber Talking Elastic Band Giraffe | 03/23/18 |
| concupiscible garrison | 03/23/18 |
| Mewling bawdyhouse | 03/23/18 |
| provocative pisswyrm | 03/23/18 |
| hairless mental disorder national security agency | 09/30/18 |
| Razzle-dazzle Canary Set | 09/30/18 |
Poast new message in this thread
Date: March 22nd, 2018 10:18 PM Author: hairless mental disorder national security agency https://www.washingtonpost.com/news/wonk/wp/2017/10/03/white-families-are-twice-as-likely-to-be-millionaires-as-a-generation-ago/?utm_term=.e42043bd2ced
|
 |
Date: March 22nd, 2018 10:25 PM Author: Sapphire floppy fortuitous meteor dilemma Subject: Win thi$ http://www.megamillions.com (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665873) |
|
Date: March 22nd, 2018 10:43 PM Author: hairless mental disorder national security agency (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666091) |
|
Date: September 30th, 2018 10:35 PM Author: contagious trailer park kitty (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#36930010) |
|
Date: March 22nd, 2018 10:28 PM Author: Insanely creepy toaster Cops don't make that much starting (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665911) |
|
Date: March 22nd, 2018 10:47 PM Author: hairless mental disorder national security agency (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666135) |
|
Date: March 22nd, 2018 10:57 PM Author: Fiercely-loyal glittery mad cow disease that's poverty wages in that city (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666235) |
|
Date: March 22nd, 2018 10:59 PM Author: hairless mental disorder national security agency (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666262) |
|
Date: March 23rd, 2018 11:19 AM Author: Thriller Sanctuary Pocket Flask lol...you jumped directly from the #1 most expensive US metro to the #2. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669415) |
Date: March 22nd, 2018 10:19 PM Author: cruel-hearted fragrant hissy fit Poasting was the only reason that Peterman was able to achieve that. What say you to that (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665816) |
|
Date: March 22nd, 2018 10:24 PM Author: Lime charismatic den Its mostly white baby boomers rofl (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665866) |
|
Date: March 22nd, 2018 10:27 PM Author: sexy beady-eyed church multi-billionaire I guess that's ok for their children as they can give them money and pass it on... unless you have a lot of brothers and sisters, then ur fucked. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665899) |
|
Date: March 22nd, 2018 10:32 PM Author: flickering puce wrinkle cuckold lmao boomers booming it all away
|
|
Date: March 22nd, 2018 10:35 PM Author: sexy beady-eyed church multi-billionaire is that why they are called boomers? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665992) |
|
Date: March 22nd, 2018 10:35 PM Author: Up-to-no-good Hall Headpube (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665993) |
|
Date: March 22nd, 2018 10:36 PM Author: Lime charismatic den (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666005) |
|
Date: March 22nd, 2018 10:45 PM Author: hairless mental disorder national security agency (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666110) |
|
Date: March 22nd, 2018 10:31 PM Author: Sapphire floppy fortuitous meteor dilemma http://www.megamillions.com (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665939) |
|
Date: March 22nd, 2018 10:45 PM Author: claret impertinent stag film digit ratio (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666108) |
|
Date: March 22nd, 2018 10:46 PM Author: hairless mental disorder national security agency (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666123) |
|
Date: September 30th, 2018 10:18 PM Author: kink-friendly gaming laptop sound barrier (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#36929925) |
|
Date: March 22nd, 2018 10:31 PM Author: disturbing blathering abode Wealth should not include equity in a primary residence. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665938) |
|
Date: March 22nd, 2018 10:32 PM Author: Insanely creepy toaster (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665948) |
|
Date: March 22nd, 2018 10:32 PM Author: abnormal address nibblets (does not live in NYC/LA/SF) (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665952) |
|
Date: March 22nd, 2018 10:35 PM Author: disturbing blathering abode You need to live somewhere, so home equity is not a lump of investable cash. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665986) |
|
Date: March 22nd, 2018 10:36 PM Author: sexy beady-eyed church multi-billionaire if you live in a 2M home in NY then move to FL for retirement, it basically is. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666002) |
|
Date: March 22nd, 2018 10:55 PM Author: Cobalt bat shit crazy temple sure it is. can’t i remortgage the equity and continuously reinvest it in equities? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666201) |
|
Date: March 22nd, 2018 10:58 PM Author: disturbing blathering abode What could go wrong? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666252) |
|
Date: March 22nd, 2018 11:02 PM Author: Cobalt bat shit crazy temple yes, upside is generally accompanied by risk in modern financial markets. and therefore...you actually can’t reinvest the value represented by the equity in your home? cmon man. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666298) |
|
Date: March 22nd, 2018 11:26 PM Author: disturbing blathering abode Because if the market tanks you could be underwater on your home. And if everyone does what you say then that will happen much sooner. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666551) |
|
Date: March 23rd, 2018 11:18 AM Author: Copper Chapel Gay Wizard If the market tanks your stocks could lose value. If runaway inflation happens your cash could lose value. A lot of things could make your net worth decrease, but that doesn't mean it's *not* net worth. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669407) |
|
Date: March 22nd, 2018 10:57 PM Author: abnormal address nibblets i do give some credit to the idea of marking home equity, 401K, 529, etc., to 0 in net worth calcs. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666239) |
|
Date: March 22nd, 2018 11:20 PM Author: hairless mental disorder national security agency (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666488) |
|
Date: March 24th, 2018 1:29 AM Author: transparent vigorous site mother Everything other than home equity should count. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35675987) |
|
Date: March 22nd, 2018 11:25 PM Author: Copper Chapel Gay Wizard Wealth =/= investable cash
Also, unless you live in a shack, you can sell your house and live somewhere cheaper. |
|
Date: March 22nd, 2018 11:30 PM Author: disturbing blathering abode Just sell your house and live somewhere cheaper when it pulls your kid out of a good school district. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666603) |
|
Date: March 23rd, 2018 10:50 AM Author: Copper Chapel Gay Wizard So? Spending your money means you can't use it on other things. That doesn't mean it's not part of your worth. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669201) |
|
Date: March 23rd, 2018 11:23 AM Author: White underhanded mexican native (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669459) |
|
Date: March 23rd, 2018 11:19 AM Author: Mewling bawdyhouse not everyone lives in mom's basement forever (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669416) |
|
Date: March 22nd, 2018 11:24 PM Author: Copper Chapel Gay Wizard Why not? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666528) |
|
Date: March 22nd, 2018 11:28 PM Author: disturbing blathering abode You almost certainly have familial and emotional obligations that make primary residence equity less fungible than, say, a stock portfolio. Primary residences are not simply another asset class. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666586) |
|
Date: March 23rd, 2018 11:23 AM Author: White underhanded mexican native i see what you're saying, but an asset being illiquid -/-> you don't count it in your net worth. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669456) |
|
Date: March 23rd, 2018 12:07 PM Author: Copper Chapel Gay Wizard I think that can be true for a lot of assets (cars, jewelry). There are other qualities that make assets more or less fungible, but I don't think they should be excluded from net worth (unless you're going to totally redefine what it means).
Maybe some other classification (easily investable worth?) makes sense. |
|
Date: March 22nd, 2018 10:32 PM Author: flickering puce wrinkle cuckold how is this possible, i thought an absurdly low number of boomers had even like 10K saved for retirement (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665947) |
|
Date: March 22nd, 2018 10:34 PM Author: disturbing blathering abode Average wealth is >$900k, median is <$300k.
Rich outliers skew the numbers. |
|
Date: March 22nd, 2018 10:34 PM Author: Lime charismatic den (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665984) |
|
Date: March 22nd, 2018 10:39 PM Author: Hideous supple dopamine cruise ship Median is 170 according to the article. Still sounds high to me. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666035) |
|
Date: March 22nd, 2018 10:49 PM Author: hairless mental disorder national security agency (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666142) |
|
Date: September 30th, 2018 10:23 PM Author: Razzle-dazzle Canary Set 170 is high?
JFC none of you people live in New Jersey. |
|
Date: March 22nd, 2018 10:36 PM Author: Insane lay selfie property rich, cash poor (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666001) |
|
Date: March 22nd, 2018 11:22 PM Author: bossy judgmental hunting ground (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666511) |
|
Date: March 22nd, 2018 10:37 PM Author: sexy beady-eyed church multi-billionaire it wouldn't surprise me if both were true.
I could see 1/7 people having 1M in assets.
I could also see 4/7 having less than 100K in assets. |
|
Date: March 22nd, 2018 11:25 PM Author: Topaz Center didn't click but has to be including their home values tons of boomers in CA and east coast are "millionaires" that way |
|
Date: March 23rd, 2018 11:20 AM Author: Exciting walnut stage A bunch of them rode the housing bubble all the way: bought in Los Altos for 250k and are now sitting on a 2.5 million house (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669425) |
|
Date: March 23rd, 2018 11:09 AM Author: impressive university white or (((white)))? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669323) |
|
Date: March 23rd, 2018 11:11 AM Author: awkward aphrodisiac heaven internal respiration pretty sure it's like 6/7 for (((whites))) (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669338) |
|
Date: March 23rd, 2018 11:13 AM Author: comical thirsty messiness I’m probably a paper millionaire including home equity (including wife’s claim on assets).
Problem is a lot of it is home equity that I can’t easily access.
I still feel poor as fuck and am constantly nervous about me or wife getting Lathamed.
I’m (((white))), so make of that what you will. |
|
Date: March 23rd, 2018 11:14 AM Author: awkward aphrodisiac heaven internal respiration If your wife works say *we*. You by yourself are not a paper millionaire. You and your wife are. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669360) |
|
Date: March 23rd, 2018 11:15 AM Author: comical thirsty messiness Fair. I edited before I saw your post. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669374) |
|
Date: March 23rd, 2018 11:16 AM Author: awkward aphrodisiac heaven internal respiration This works very well where the couple is committed to staying together forever. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669394) |
|
Date: March 23rd, 2018 11:17 AM Author: comical thirsty messiness Neither of us is from a broken home, at least. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669397) |
|
Date: March 23rd, 2018 11:14 AM Author: impressive university So you probably have lots of Jew gold buried in the backyard then (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669361) |
|
Date: March 23rd, 2018 11:16 AM Author: comical thirsty messiness I should go check. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669388) |
|
Date: March 23rd, 2018 11:15 AM Author: concupiscible garrison damn among the xoxo cohort, like college educated whites and asians living in a top 15 population city and above age 40 i bet this number has to rise to like 1/4.
|
|
Date: March 23rd, 2018 11:19 AM Author: concupiscible garrison other data: about 8% of households (calculated based on the 10mm millionaire figure assuming 125mm households) have $1mm in investable assets excluding home equity
https://www.cnbc.com/2017/03/22/record-number-of-millionaire-households-in-us.html |
|
Date: March 23rd, 2018 11:19 AM Author: Umber Talking Elastic Band Giraffe Is a million supposed to be a lot in 2018? That was a lot of money in 1985. It's nothing in 2018. I'm worth like $1.5 million. I still have to work. That amounting money just means if I get fired I can spend 6 months looking for a job instead of immediately selling a kidney or driving Uber. $5 million is the new $1 million just like 250k is the new $100k for a good salary. $100k now is nothing. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669420) |
|
Date: March 23rd, 2018 11:25 AM Author: concupiscible garrison but tbf, $1mm gets you 30 years of $65k distributions assuming 6% returns.
So you already know you can retire at 65.
And you are young so if you can double that by 55 you probably could retire then (if OK to live on fixed income). |
|
Date: March 23rd, 2018 11:21 AM Author: Mewling bawdyhouse (guy who doesn't think 1 out of 7 xo posters are worth $1+ million) (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669433) |
|
Date: March 23rd, 2018 3:13 PM Author: provocative pisswyrm What percentage of households with members in their 30s have a net worth of 1 million? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35671593) |
|
Date: September 30th, 2018 10:17 PM Author: hairless mental disorder national security agency (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#36929914) |
|
Date: September 30th, 2018 10:21 PM Author: Razzle-dazzle Canary Set A lot of Boomers are rich, news at 11. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#36929939) |