Read? Question of Net Worth vs. Cash Flow???
An interesting question for Uncle8888 to think and answer it.
Dividend Warrior16 April 2016 at 01:31:00 GMT+8
The true measure of your wealth is how much you would be worth if you lost all your money
Answer: He will be worthless or zero value. Even with his dead body it is still the same as he has no life insurance coverage.
With his zero human asset; he has to plan and manage his financial wealth carefully like what most Ants do.
Ants know exactly what are their numbers.
His net worth is classified into three categories:
(1) Non-market volatile assets (All cash and CPF OA but exclude emergency cash)
(2) Self-insured medical and health fund (CPF RA, SA, MA, and emergency cash)
(3) Volatile assets (stocks in local SGX) ......
