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Contrarian thoughts
愚木混株 cdd20A million-dollar net worth sounds better than a net worth below the million-dollar mark, but realistically, this is the net worth most people have.
Without the value of your home included in your net worth, you likely don’t have liquid assets that equate to 1 million dollars.
Moreover, your home is likely not paid off, which means your home is not a real asset.
It’s a liability.
Even when your home is paid off, it’s still taking money out of your pockets with fees, maintenance, and taxes unless you get someone else (e.g., a tenant) to cover them.
The best way to calculate your net worth is via liquid and easily accessible assets.
These are more reliable measures of your actual net worth.
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