Comment on He thinks they'll just GIVE him money?
JoMiran@lemmy.ml 1 month ago
I think it’s worth pointing out that “net worth” ≠ “liquid holdings”. I remember the first time I spoke to a financial advisor and he told me that they (UBS) had calculated our net worth at a little over $850k even though our savings were ~$10k and our monthly burn rate was just about 100% of our earnings. Their fuzzy math is ludicrous.
Tikiporch@lemmy.world 1 month ago
I, personally, include my mom’s Ty Beanie Babies™ collection in my net worth as I will one day inherit this vast menagerie.