http://www.thoughtfulconsideration.com/2006/11/03/finance-investing-etc/great-trick-when-calculating-net-worth/ Live Better - Get Your Think On! Tue, 06 Jan 2009 03:54:34 +0000 http://wordpress.org/?v=2.2.1 http://www.thoughtfulconsideration.com/2006/11/03/finance-investing-etc/great-trick-when-calculating-net-worth/#comment-61633 Olga Thu, 06 Nov 2008 05:47:59 +0000 http://www.thoughtfulconsideration.com/2006/11/03/finance-investing-etc/great-trick-when-calculating-net-worth/#comment-61633 And again about this. If the search engines learn to understand the meaning, the bloggers have poizgolyatsya to be readable and do not like the others. And again about this. If the search engines learn to understand the meaning, the bloggers have poizgolyatsya to be readable and do not like the others.

]]> http://www.thoughtfulconsideration.com/2006/11/03/finance-investing-etc/great-trick-when-calculating-net-worth/#comment-36 Derrich Sat, 11 Nov 2006 04:21:22 +0000 http://www.thoughtfulconsideration.com/2006/11/03/finance-investing-etc/great-trick-when-calculating-net-worth/#comment-36 I do this when calculating mine. It's very conservative, but I think its more realistic. I also happen to think (as most banks do) that the only assets worth a crap (excuse my French) are the highly-liquid ones - cash, securities, equities, retirement vehicles, etc. Although I have to point out that I'm being somewhat hipocritical since I do occasionally invest in real estate. If you own a business and are applying for a commercial loan, this is one way most banks will view your personal financial statement...and an adjusted net worth is calculated. Liquidity is king. I do this when calculating mine. It’s very conservative, but I think its more realistic. I also happen to think (as most banks do) that the only assets worth a crap (excuse my French) are the highly-liquid ones - cash, securities, equities, retirement vehicles, etc. Although I have to point out that I’m being somewhat hipocritical since I do occasionally invest in real estate. If you own a business and are applying for a commercial loan, this is one way most banks will view your personal financial statement…and an adjusted net worth is calculated. Liquidity is king.

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