Waterfront Poor

SIKSUKR · 01-14-2008, 02:19 PM

I'm so glad we don't have a political section on this forum cuz it really keeps those discussions from occurring!
I for one do not have liquid assets of a million but do have real estate that has equity of that.If you have assets of a million you ARE a millionaire.Can you assets lose value whether they are liquid or not?Of course.It does not matter if it's in your bank account or not.You are more likely safer with your asset in your home than in most other vehicles.

01-14-2008, 02:19 PM	#37
SIKSUKR Senior Member Join Date: Apr 2004 Posts: 5,075 Thanks: 215 Thanked 903 Times in 509 Posts	I'm so glad we don't have a political section on this forum cuz it really keeps those discussions from occurring! I for one do not have liquid assets of a million but do have real estate that has equity of that.If you have assets of a million you ARE a millionaire.Can you assets lose value whether they are liquid or not?Of course.It does not matter if it's in your bank account or not.You are more likely safer with your asset in your home than in most other vehicles. __________________ SIKSUKR