|
It's that time of year again! The time when everyone anonymously enters their net worth into a form so we can all wonder at how exactly we all got so rich (or not) while also wasting so much time on a comedy Internet forum. As first seen on the Bogleheads forum. Anonymous survey http://goo.gl/forms/NXBSutTf48 Results https://goo.gl/hCGH3f https://goo.gl/rv2uEu (auto-generated) Check out the various sheets in the spreadsheet to see some summary statistics . Wish I knew who the high school diploma person earning $900k with a negative net worth is. Or the 29 year old Asian person with a doctorate earning $250k but with a net worth of $2.7M. If anyone is handy with actual statistics / visualizations, your efforts would be appreciated in summarizing this information . If you want to see how much BFC has changed over the last year, here's a link to the 2015 SA: BFC net worth survey. Questions & comments: Shadowhand00 posted:Is there any way to edit responses? From the survey instructions: if you would like to edit your response and you no longer have the edit link please submit a new entry and annotate it in the "additional comments" section with the results row number and timestamp of the entry you would like updated. pig slut lisa posted:People are really underutilizing the optional Additional Comments field IMO Agreed! Cicero posted:So did you leave out "Hispanic" from the ethnic choices on purpose? Not intentional! Added. Cast_No_Shadow posted:So i got a little confused. I took the equity in my home as part of my net worth and excluded the remaining on the mortgage. Later you ask f9r mortgage in debts. Is it a common thing to include your whole house in net worth and I dunno just ignore the mortgage? Doesn't that kinda invalidate the term net? A house with a mortgage counts in net worth (value - mortgage), as an illiquid asset (value), and as a debt (mortgage). Evil Robot fucked around with this message at 01:46 on Mar 9, 2016 |
# ? Mar 4, 2016 09:20 |
|
|
# ? Jun 5, 2024 06:36 |
|
Finally! I haven't felt poor for over a year now.
|
# ? Mar 4, 2016 19:55 |
|
Everything looks worse when converted to USD especially with the change in the exchange rate in the last year.
|
# ? Mar 4, 2016 21:47 |
|
Devian666 posted:Everything looks worse when converted to USD especially with the change in the exchange rate in the last year. Or has the Euro gotten worse, too?
|
# ? Mar 4, 2016 23:42 |
|
Added a link to the auto-generated survey summary. Will add link to the full spreadsheet of responses in a few days .
|
# ? Mar 5, 2016 00:21 |
|
Evil Robot posted:Added a link to the auto-generated survey summary. Will add link to the full spreadsheet of responses in a few days . Does it randomize the order or can I look at the 3rd or whatever entry in each category and know that a 21 year old in retail making $95,000 filled out the survey?
|
# ? Mar 5, 2016 00:32 |
|
-deleted-
Evil Robot fucked around with this message at 00:47 on Mar 5, 2016 |
# ? Mar 5, 2016 00:44 |
|
So did you leave out "Hispanic" from the ethnic choices on purpose?
|
# ? Mar 5, 2016 00:44 |
|
I don't think it's randomized, yo. edit: not that it matters if you're releasing the whole thing, but yeah. Also your pie charts aren't labeled with a color key. Also sucks for the -370k guy, what happened to you, guy? I hope you just finished your doctor training or something moana fucked around with this message at 06:14 on Mar 5, 2016 |
# ? Mar 5, 2016 06:11 |
|
As I said last year,pig slut lisa posted:People are really underutilizing the optional Additional Comments field IMO
|
# ? Mar 5, 2016 06:21 |
|
So i got a little confused. I took the equity in my home as part of my net worth and excluded the remaining on the mortgage. Later you ask f9r mortgage in debts. Is it a common thing to include your whole house in net worth and I dunno just ignore the mortgage? Doesn't that kinda invalidate the term net?
|
# ? Mar 5, 2016 19:46 |
|
Cast_No_Shadow posted:So i got a little confused. I took the equity in my home as part of my net worth and excluded the remaining on the mortgage. Later you ask f9r mortgage in debts. Is it a common thing to include your whole house in net worth and I dunno just ignore the mortgage? Doesn't that kinda invalidate the term net? I did the same as it's net worth.
|
# ? Mar 5, 2016 19:50 |
|
Posted the results under https://goo.gl/hCGH3f. C'mon guys, take the survey! Last year we had over 250 entries; so far we only have 67.
|
# ? Mar 5, 2016 20:49 |
|
moana posted:I don't think it's randomized, yo. Looks like it. -510,000 in the debts side, and the occupation says "physician x 2". A double-doctor household!
|
# ? Mar 5, 2016 21:36 |
|
Okay, double doctors makes a lot more sense. I look forward to their net worth being above zero in the next few years Go Team Doctors! survey destroyer guy sure is angry about internet strangers sharing money info on a subforum all about sharing money info. You should take a Chill Pill, survey destroyer guy.
|
# ? Mar 5, 2016 22:28 |
|
I'm surprised more people aren't in the negatives like me. Student loans are really a bitch. It makes me hopeful though to see so many other people so far in the positives.
|
# ? Mar 7, 2016 19:36 |
|
Is there any way to edit responses?
|
# ? Mar 7, 2016 22:17 |
|
Shadowhand00 posted:Is there any way to edit responses? Yes, updated the OP!
|
# ? Mar 7, 2016 22:49 |
|
I know I said this:pig slut lisa posted:People are really underutilizing the optional Additional Comments field IMO but I looked again and now I take it back:
|
# ? Mar 8, 2016 04:54 |
|
packsmack posted:I'm surprised more people aren't in the negatives like me. Student loans are really a bitch. It makes me hopeful though to see so many other people so far in the positives. This is a self selected group of people who talk about Business Finance and Careers as a hobby online. I think it's safe to say it tends to be a higher earning group as a whole, and people who are careful about spending money. For perspective, I have a modestly positive net worth now (less than $100k positive), and I'm confident that, even with my later start (30 now), I'm comfortably ahead of most people my age. I'm in the lower quartile of people taking the survey though. It's like GGGC says, "Finally! I haven't felt poor for over a year now."
|
# ? Mar 8, 2016 14:28 |
|
Some people here make a lot of loving money. My net worth looks really bad when you look at mortgage, but I weirdly don't think as debt.
|
# ? Mar 8, 2016 17:29 |
|
sbaldrick posted:Some people here make a lot of loving money. Think of it as a forced savings account. Or a responsibility test with real world consequences.
|
# ? Mar 8, 2016 19:16 |
|
I feel like having a two income household w/out kids is a pretty good way to radically accelerate networth. Then again there's that lonely east asian millionaire on the list edit: unless you're two doctors just starting out. El Mero Mero fucked around with this message at 21:02 on Mar 8, 2016 |
# ? Mar 8, 2016 20:58 |
|
packsmack posted:I'm surprised more people aren't in the negatives like me. Student loans are really a bitch. It makes me hopeful though to see so many other people so far in the positives. There's a lot of people in their 30s and 40s so a lot of student debt has been paid off, or the loans received were much smaller due to lower fees. What you need is some inflation to devalue your debts. Don't feel bad about being in the negatives as you'll dig your way out over time.
|
# ? Mar 8, 2016 21:59 |
|
Holy gently caress West Coast SW Engineers make a lot of dough! Probably spend give it all back in rent tho.
|
# ? Mar 9, 2016 12:20 |
|
VendaGoat posted:Think of it as a forced savings account. Or a responsibility test with real world consequences. I think of it more that i have to live someplace
|
# ? Mar 9, 2016 17:07 |
|
sbaldrick posted:I think of it more that i have to live someplace I like this joke. The double joke is just how many people DON'T see it that way.
|
# ? Mar 9, 2016 18:01 |
|
VendaGoat posted:I like this joke. Especially given the number of people that own houses.
|
# ? Mar 9, 2016 21:02 |
|
VendaGoat posted:I like this joke. But Goat, house prices can only go up! Real estate is always a secure store of value, and there could never be another bubble!
|
# ? Mar 9, 2016 21:47 |
|
Liquid Communism posted:But Goat, house prices can only go up! Real estate is always a secure store of value, and there could never be another bubble! Houses are made out of bricks you see. You can't make a bubble out of bricks and mortar dummy it wouldn't float. So it can't be a bubble. Bricks and mortar. QED. Case closed.
|
# ? Mar 10, 2016 09:06 |
|
I'm beginning to think some people may have put the wrong number of 0s. Like the guy who makes "920,000" dollars a year but has a -13k net worth.
|
# ? Mar 10, 2016 12:31 |
|
ShadowHawk posted:I'm beginning to think some people may have put the wrong number of 0s. Like the guy who makes "920,000" dollars a year but has a -13k net worth.
|
# ? Mar 10, 2016 19:09 |
|
ShadowHawk posted:I'm beginning to think some people may have put the wrong number of 0s. Like the guy who makes "920,000" dollars a year but has a -13k net worth. Cocaine is a hell of a drug.
|
# ? Mar 10, 2016 20:33 |
|
ShadowHawk posted:I'm beginning to think some people may have put the wrong number of 0s. Like the guy who makes "920,000" dollars a year but has a -13k net worth. SloMo may still lurk here. Edit: I bet it's DeadMau5 lol.
|
# ? Mar 11, 2016 01:47 |
|
BossRighteous posted:Edit: I bet it's DeadMau5 lol. You never know, although he looks too busy tweeting to even read the forum.
|
# ? Mar 11, 2016 03:21 |
|
Mods rename me ”Deadmau5 stock portfolio”. Or "Barry Bonds Mortgage".
Jeffrey of YOSPOS fucked around with this message at 17:20 on Mar 11, 2016 |
# ? Mar 11, 2016 17:13 |
|
median: 99K net worth trends to 2x of gross income no real surprises and we're prolly seeing a selection bias in terms of responses
|
# ? Mar 12, 2016 16:35 |
|
|
# ? Jun 5, 2024 06:36 |
|
sbaldrick posted:My net worth looks really bad when you look at mortgage, but I weirdly don't think as debt. Technically, per accounting doctrine, it is an asset, liability, and hopefully becomes equity all at once! Being a homeowner in the last three years looks to have driven about $30-50k of my net worth since I graduated. That's pretty cool!
|
# ? Mar 13, 2016 01:03 |