How to determine net worth?

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24th Nov 2009 by Daniel Cross, ChFC

Net Worth is determined by subtracting net debt from net assets. Generally, your mortgage is exempt from the equation. This value is independent of income and can give some surprising values as a person that makes very little can end up having a greater net worth than one that makes an annual income of over 6 figures.

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17th Nov 2009 In Investing 1 Answers | 503 Views
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