tag:blogger.com,1999:blog-2541846551315802129.post1237462469511618743..comments2023-05-02T09:04:53.315-04:00Comments on Early Retirement the Middle Way : Net Worth AccountingMWhttp://www.blogger.com/profile/13421430633168170078noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2541846551315802129.post-54754635396829136002011-07-22T09:21:00.712-04:002011-07-22T09:21:00.712-04:00@TJT
I don't expect my NWIQ numbers to do muc...@TJT<br /><br />I don't expect my NWIQ numbers to do much other than track things for me and for comparison purposes.<br /><br />I'm going out on a limb here to say most financial bloggers I know don't believe that primary property values are that useful as you cannot eat your house. <br /><br />It's only useful when you liquidate and tracking it allows you to decide when it may be a good time to liquidate. <br /><br />Having said that, when I look at other peoples' numbers, I take into consideration how much primary housing is responsible for total assets as housing markets differ which tends to be reflected in how much mortgage debt is incurred and what that may mean in terms of work stress.MWhttps://www.blogger.com/profile/13421430633168170078noreply@blogger.comtag:blogger.com,1999:blog-2541846551315802129.post-47595433827210618632011-07-21T22:08:57.887-04:002011-07-21T22:08:57.887-04:00Calculating your "net worth" with things...Calculating your "net worth" with things like houses and cars, I have to wonder what your end goal is. If it's to retire early as your blog states, I don't think those values are relevant. <br /><br />2 months ago, I had a 400K house with 200K equity, but the house was doing nothing for me as an investment. It got me no closer to retirement. However, I downsized to a 200K house and invested the remaining 200K into dividends stocks at ~4% and now I'm getting $8K/year income. <br /><br />My point is that money in cars, houses, or other household goods may add to total assets, but it's not an investible asset that gets you near retirement. So what's your goal?TJThttp://www.bravenewlife.comnoreply@blogger.com