Questions tagged [net-worth]
Use this tag when the topic includes considerations of net worth in its entirety. For instance this might be the total portfolio of an individual.
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Umbrella Policy for Greater Than Half Million Worth
My net worth is around 1.4 million dollars. I read somewhere that I should get an umbrella policy. Currently, I have basic car insurance as shown below.
Car 1 Coverage:
Bodily Injury Coverage
Limit ...
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How to maintain NAV (Net Asset Value) for family fund
I have a Google Sheet which consolidates multiple funds in which I am invested. I also track my trades in the same sheet and update the profits to track XIRR returns overall.
This is working fine for ...
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How Is Mark Zuckerberg Making Money?
According to this article [paywall], Mark Zuckerberg's Metaverse venture has seen $46 Billion in losses.
In spite of this, Zuckerberg himself has increased his net worth by $59 Billion.
But that's not ...
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What's the individual net worth by age in Canada?
I see that the government use the net worth of the median household, but they don't check the individual net worth instead. I was wondering if there was any source for this. The only thing I found is ...
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The cost of living in a "High-Status Neighborhood"
I was reading this question about The Millionaire Next Door, after recently finishing the book myself. I remember that the book warned against living in a "High Status Neighborhood," in ...
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How do we know who the uber rich are?
I hear a lot lately about how there are X millionaires and Y billionaires in one state or another. How do we know this? Does the government or some private company track it somehow?
To date, I've ...
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Depreciating vs expensing purchases to track net worth and personal expenses
Which purchases should you depreciate and which ones should you expense in the context of personal bookkeeping (and not for tax purposes)?
My personal goal for bookkeeping is mainly keeping track of ...
user111766
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Am I a billionaire if a friend gives me $1000 for 0.0001% of my "company"?
If my friend gives me a thousand dollars for 0.0001% of my "company", am I technically a Billionaire now?
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Sinking funds when calculating Net Worth
The $5000 in my Vacation sinking fund is obviously an asset which should be accounted for.
But what about the $12000 target for my vacation? As soon as I save that much, I'm going to spend it, ...
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What assets can I count towards accredited investor status?
I have had the fortune and blessings of working with a company that recently went public. So, not only do I make a fair amount of salary but I now have stocks worth quite a bit.
I have vested options ...
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How can one view the day-by-day net worth for a period of more than 30 days on Mint?
Mint has a feature to view one's net worth: https://help.mint.com/Trends/961902851/How-can-I-see-my-net-worth.htm By default if the selected duration (last 7 days, last 14 days, etc.) is more than 30 ...
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Calculate liquid net worth
I look at the definition and I understand the idea and concept of liquidity: It's how much cash you can pay and cover more or less immediately. I have x dollars in stocks and savings which can be ...
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Do super rich people have to show their net worth to the public by law? [closed]
Pretty much all the rich and famous people (i.e billionaires) have their net worths publicly displayed for everyone to see.
Since this is the case, I was wondering if after a certain wealth threshold ...
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When calculating net-worth, how to discount money in an RRSP?
Suppose that I have the following account balances:
Personal Banking Account $10,000
TFSA $40,000
RRSP $60,000
I would like to calculate my net-worth.
...
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Difference of NAV and market price on stock shares and funds
For the case of companies, my understanding is that the NAV (net asset value) is all its assets minus its liabilities. Then, this value is divided by the total number of shares the company has issued ...
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