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whats your age and net worth?

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Old Sep 16, 2007 | 07:22 PM
  #11  
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Originally Posted by jclau00
26 years old..

35k retirement funds
40k cash
95k equities
10k REIT
0k real estate but hoping to trade in everything for a place soon
wow, strikingly similar to me =p
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Old Sep 16, 2007 | 07:23 PM
  #12  
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Originally Posted by sinthetiq
wow, strikingly similar to me =p
what're your stats?
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Old Sep 16, 2007 | 07:26 PM
  #13  
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i'm poor
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Old Sep 16, 2007 | 07:26 PM
  #14  
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Originally Posted by jclau00
what're your stats?
26yrs.

in the process of moving everything into cash accnts and re-allocating. a lil under ur total, gotta add it up
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Old Sep 16, 2007 | 07:28 PM
  #15  
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Rich people are ghey.












That is all.












:cry:
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Old Sep 16, 2007 | 07:29 PM
  #16  
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Originally Posted by sinthetiq
26yrs.

in the process of moving everything into cash accnts and re-allocating. a lil under ur total, gotta add it up
same here. been selling most my stocks so i can get together a down payment. last year i was 100% equity and 0% cash. found a foreclosed townhome that's up for auction in a couple weeks.
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Old Sep 16, 2007 | 07:33 PM
  #17  
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Originally Posted by jclau00
same here. been selling most my stocks so i can get together a down payment. last year i was 100% equity and 0% cash. found a foreclosed townhome that's up for auction in a couple weeks.
good luck :thumbup:
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Old Sep 16, 2007 | 07:38 PM
  #18  
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Originally Posted by sinthetiq
good luck :thumbup:
thanks. no hurry as ARM reset will likely flood the real estate market in the next 12 months.
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Old Sep 16, 2007 | 07:39 PM
  #19  
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Originally Posted by jclau00
thanks. no hurry as ARM reset will likely flood the real estate market in the next 12 months.
werd... ARM ftw
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Old Sep 16, 2007 | 07:47 PM
  #20  
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Originally Posted by Samson
werd... ARM ftw
depends on the situation. if you're looking to buy a place, then it's great. but if you currently own property or have a ARM that's gonna reset (gasp) then you're fucked. bush's bailout plan won't help most californians as the limit is 417k and most properties in densely populated metro areas are way above the limit.
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