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Updated about 9 years ago on . Most recent reply

Donald Dickerson's profile image
Donald Dickerson's profile image
Donald Dickerson
  • Investor
  • from Houston, Texas
  • Member since Aug 9, 2016

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36
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22
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Donald Dickerson's profile image
Donald Dickerson's profile image
Donald Dickerson
  • Investor
  • from Houston, Texas
  • Member since Aug 9, 2016
Donald Dickerson
  • Investor
  • Houston, TX
22
Votes |
36
Posts
Starting Out

Being a Millionaire

Donald Dickerson
  • Investor
  • Houston, TX
Posted

Exactly what is the definition of a Millionaire?

Net worth, but does that include the net worth you have in your primary residence, or is that excluded?

What are the thoughts of our experts?

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Don Daniels's profile image
Don Daniels's profile image
Don Daniels
  • from Spring, Texas
  • Member since Jan 24, 2014

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Don Daniels's profile image
Don Daniels's profile image
Don Daniels
  • from Spring, Texas
  • Member since Jan 24, 2014
Don Daniels
  • Spring, TX
39
Votes |
75
Posts
Don Daniels
  • Spring, TX
Replied

Hi Donald, Your net worth is the sum of all assets and liabilities. That should include all properties (rental and primary alike), motor vehicles, cash, mutual funds, 401k, etc..

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