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Old 11-07-2007, 05:15 AM
ShawnHoo ShawnHoo is offline
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Join Date: Jan 2005
Location: Los Angeles, CA
Posts: 543
Default Re: November Low-Content Thread

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They could have access to at least $1,000,000 without selling their home or having to borrow.

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Not clear enough. Does that mean we have to include all money in 401k plans and every penny in the portfolio? How about equity in the house above and beyond what is owed. If it is just liquid cash I think it is a very small percentage. Not many have 1 million. Christ, I don't even have that much and I am way balla. [img]/images/graemlins/wink.gif[/img]

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Don't be a nit, doc -- obviously the $1M can include stocks and stuff. I'm talking about everything excluding their primary residence.