Personal Finance
Money Jars and the Curious Case of La Papillion’s Missing House
By Dr Wealth  •  December 6, 2015
Just last week, Kyith, better known as his online moniker Investment Moats, shared an article on Facebook. It was a link back to La Papillion’s article published in his blog Bully the Bear in November last year. The title of the article was ‘I have Zero Net-Worth‘. Extremely catchy, and had it originated from anyone else, I would have dismissed it as click bait immediately. But having come from not one but two doyens, I know it is definitely worth reading about. Asset minus Liability Now we all know that the definition of Net Worth is Assets minus Liabilities. The math is simple. We take everything we own and subtract from there everything we owe. If the final figure is positive, we would have more assets than liabilities and our networth would be positive. What this means is if we sell off all our assets and use ......
Read the full article
By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance