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Message
3
Posted on 7/29/13 at 12:17 pm to sneakytiger
Looks like he has a negative net worth to me in that scenario
This post was edited on 7/29/13 at 12:19 pm
Posted on 7/29/13 at 1:05 pm to sneakytiger
I was wondering how long it would take, most people here don't even know how to calculate net worth.
Posted on 7/29/13 at 2:40 pm to sneakytiger
quote:
Assets minus liabilities. You had $100k net worth based on the info you gave (unless you are referring to liquid net worth).
I really don't understand that definition. A mortgage is a liability. You owe it.
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