Back above $3M

[F.I.R.E User]

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Originally Posted by Ronstar In business school, we learned that net worth is assets minus liabilities. That includes house equity, car equity, furnishings - all assets minus liabilities. This is how businesses are evaluated. The balance sheet of businesses includes real estate equity(if any) and the value of other assets. That said, retired folks like to concentrate on the sum of investable assets, not including personal homes and personal items. After all, we need our houses and our stuff, so we don’t include these in our calculations because we don’t intend to sell these and get money for them.

Quote:

Originally Posted by Koolau ESPP and 401(k) matching funds.

PC says we shouldn’t keep over 3% of portfolio on single stock. Do you have more than that?

[Koolau]

Quote:

Originally Posted by F.I.R.E User Only equity can be counted but it’s not liquid for house. Not sure if I want to add my car on it.

Yeah, I've got a fair amount of pocket lint. Should I include that?

[F.I.R.E User]

Quote:

Originally Posted by Koolau Yeah, I've got a fair amount of pocket lint. Should I include that?

What’s that?

[Koolau]

Quote:

Originally Posted by F.I.R.E User What’s that?

Sorta like belly button lint, but more socially acceptable.

[street]

Quote:

Originally Posted by Koolau Sorta like belly button lint, but more socially acceptable.

LOL!