paperboyNC said:eyephone said:Hoping for another financial crisis anytime soon is like making wishes in a water well.
I'm definitely not hoping for a financial crisis. As a percentage of net worth my assets are something like:
Home: 200%
Home Equity: 60%
Stocks: 20%
Bonds: 13%
Cash: 5%
Other: 5%
Other Debt: (-3%)
If housing prices crash again I'll lose 60% of my net worth.
I don't get your "breakdown of assets." Usually people break down their assets as a percentage of 100%.