this post was submitted on 28 Feb 2025
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[–] [email protected] 28 points 12 hours ago* (last edited 12 hours ago) (1 children)

I think it's worth pointing out that "net worth" ≠ "liquid holdings" (money available to spend on a good visa). 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.

EDIT: All Donnie's plan would do is instantly halve the value of the dollar.

[–] [email protected] 1 points 3 hours ago

I, personally, include my mom's Ty Beanie Babies™ collection in my net worth as I will one day inherit this vast menagerie.