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What Are You Worth?

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  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Henderson tech. I hope they can apply better management then I can, they hold samsung and apple in equal weighting now which I think is correct.

    I work closely with both of them and they are both good implementers with Apple having the edge on innovation IMO.

    I personally prefer to find smaller tech companies that have valuable patents, management that are strong on leadership and light on BS, and that have their route to an international market in place.

    The problem is finding all of this in one company and also having a way to invest. I hate waiting for the IPO but sadly lack the clout to get in early without being able to convince others to come along for the ride.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • bmwboi99
    bmwboi99 Posts: 111 Forumite
    £125k property with OH with £99k mortgage.
    £56k salary plus now got £1k a month from side business
    £12k in ISA
    £5k in current account
    £17k business debt
    £1k on credit card intrest free


    nearly 22


    Wow how does a 21 yr old make £56k a year?

    Whats your job and side business ?if you dont mind me asking

    Im 18 and would love to be making this when im 21!
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    bmwboi99 wrote: »
    Wow how does a 21 yr old make £56k a year?

    I made more than that in one year when I was 21 but sadly made zero in the next two years.

    Of course, this was because I then spent the next two years in full-on party mode and didn't come around and start working again until 1986, or thereabouts. :D
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • bmwboi99
    bmwboi99 Posts: 111 Forumite
    lol how did you do it? :)
  • Linton wrote: »
    Boat - 6%

    Class !
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    bmwboi99 wrote: »
    lol how did you do it? :)

    How did I spend it? Well, I must admit that I can't account for more than a teeny fraction of it.

    Between three of us we made about £250k in mid 80s pounds, which was good while it lasted. One of us (not me!) bought a brand new Porsche, decided that fully comp insurance was far too expensive, and then two weeks later tried to park it up a lamppost.

    At least we all got this out of our systems early on!
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • Barcap
    Barcap Posts: 23 Forumite
    edited 6 February 2013 at 5:18AM
    Age: 31
    Salary: 19000, dividends 28,000
    House worth: living with dad
    Savings: £700
    Pension: 40k-50k
    Investments: 510k
    Debt: 0

    Got lucky with the stockmarkets and stuck my whole life savings into barclays @62p.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    1. But if you don't want to have to use it to produce an income then it's fine to disregard it as an asset since it does not produce any income.

    My property is not forming part of my retirement planning since I plan to live in it - the only thing it does mean is that I do not have to include rent liability in my planned outgoings.

    From an accounting point of view of course property is an asset but when it comes to retirement planning I think it's fine to exclude.

    It has all been stated above, I am not going to repeat myself, except to say the title of the thread is 'What are you worth'.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    the title of the thread is 'What are you worth'.

    Yes, but how far do you go? Some have totaled up the value of their chemical make-up, others their internal organs.

    My house isn't quite as essential as my heart, but it's up there, so its monetary value is therefore more theoretical than useful.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 6 February 2013 at 8:09AM
    gadgetmind wrote: »
    Yes, but how far do you go? Some have totaled up the value of their chemical make-up, others their internal organs.

    My house isn't quite as essential as my heart, but it's up there, so its monetary value is therefore more theoretical than useful.

    The value of your house is not theoretical! House values are real and can easily be realised when/if the property is sold!

    EDIT: I have explained all of this to you above already when I said:

    Whilst I understand what you are saying, the thread title is 'What are you worth' and owning your home outright is part of your worth (as is any equity after allowing for disposal costs).

    It is of course up to you decide what you want to count in, but you can't argue that all your equity is not worth anything.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
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