tag:blogger.com,1999:blog-26277603.post-62265195955142646072008-05-15T22:10:00.000-05:002008-05-15T22:10:00.000-05:00Anon - I think that both jewelery and your residence are subjective aspects of ones net worth.<BR/><BR/>The privileged American outlook is that you will always have to have these, and often just more and more expensive ones, and thus they are a determent to your net worth rather than contributing towards it.<BR/><BR/>On the other hand, it depends on how you look at it. A friend of mine grew up in the DRCongo during difficult times. Her and her siblings were separated to various parts of the globe just to get out of dodge. Her mother claims that in such a situation jewelry was her greatest asset. She says that she wouldn't have made it out as easily without the liquidity of jewelry.<BR/><BR/>So, in most cases, you might not ever go without these assets, but this isn't always the case.<BR/><BR/>For instance, when I moved from Portland to DC, I sold everything. When we leave DC we also plan on selling it all. <BR/><BR/>According to your estimates, you wouldn't count cars either, as one might presume that you will always need a car, and thus not to count it. But in our case we don't have one and hope not to in the future.<BR/><BR/>I guess in the end it is all a matter of perspective.<BR/><BR/>MielDual Income No Kidshttp://www.blogger.com/profile/04648586816512955888noreply@blogger.com