shalab Posted October 12, 2013 Share Posted October 12, 2013 Since SP500 has gained about 20% and our board members have beaten this number by a handy margin, looking a huge growth in net worth across the board. The cnbc report said U.S minted 1.682 million out of the new 1.841 million millionaires generated world wide. ( 90% ) http://www.cnbc.com/id/101099732 Link to comment Share on other sites More sharing options...
alertmeipp Posted October 13, 2013 Share Posted October 13, 2013 better if we can do a poll on age vs networth Link to comment Share on other sites More sharing options...
JBird Posted October 13, 2013 Share Posted October 13, 2013 better if we can do a poll on age vs networth I'd be interested to see that. Can a poll thread be made that has more than 1 poll question? I'd break down the net-worth question into different age brackets but I don't want to do it by making 5+ threads. Link to comment Share on other sites More sharing options...
LC Posted October 13, 2013 Share Posted October 13, 2013 You can do it in the same poll... 1mm and under 25 1mm and 25-40 1mm and 40-50 Etc Link to comment Share on other sites More sharing options...
JBird Posted October 13, 2013 Share Posted October 13, 2013 Right, that just doesn't create a normal distribution curve. Link to comment Share on other sites More sharing options...
fareastwarriors Posted October 13, 2013 Share Posted October 13, 2013 I'm 25 and definitely way less than 500k... ;D Link to comment Share on other sites More sharing options...
alertmeipp Posted October 13, 2013 Share Posted October 13, 2013 When I was 25...i almost have -ve net worth. Link to comment Share on other sites More sharing options...
vpagano Posted October 14, 2013 Share Posted October 14, 2013 I was just discussing such things over the weekend with a friend, explaining the concept of stock vs. flow. We are both mid-20's, I have plenty of debt from grad school, while she has none due to help from the parents and working during school (I played a sport, made working impossible during undergrad). Anyway, I out-earn her by a decent margin, but she has a positive net worth while mine is negative. She argues I am better off (earnings power), while I say maybe her ("book value"). Just thought it was interesting to discuss. Link to comment Share on other sites More sharing options...
Palantir Posted October 14, 2013 Share Posted October 14, 2013 Lot of rich people we have here. :) Link to comment Share on other sites More sharing options...
rkbabang Posted October 14, 2013 Share Posted October 14, 2013 When I was 25...i almost have -ve net worth. I absolutely had a negative net worth at age 25. I bought my first house at age 24, so I had a 6 figure mortgage + high 5 figure student loans and a low 5 figure car loan. I had a descent job, but just starting to invest. Link to comment Share on other sites More sharing options...
indythinker85 Posted October 14, 2013 Share Posted October 14, 2013 Im 25-40 (much closer to 25) and have way less than 1 million, but could be there soon with the way these markets are moving. Link to comment Share on other sites More sharing options...
Cunninghamew Posted October 14, 2013 Share Posted October 14, 2013 I turned 28 this year. Last year my investable assets finally surpassed my loans from grad school, but... Then I got married to a medical student :( Link to comment Share on other sites More sharing options...
SouthernYankee Posted October 14, 2013 Share Posted October 14, 2013 I woke up this morning and FELT like a million bucks! Does that count? ;D Cheers! Link to comment Share on other sites More sharing options...
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