NVDA
NVIDIA
-- 132.575 SMCI
Super Micro Computer
-- 54.130 TSLA
Tesla
-- 301.180 PLTR
Palantir
-- 90.880 BABA
Alibaba
-- 140.570 
Friday The 13th! Do you know your Net Worth?
Net worth is the total value of an individual's or a company's assets minus their liabilities. It represents the amount of wealth they have accumulated over time.
Summary:
Net Worth Equals (=) Total Assets minus (- ) Total Liabilities
Assets:
• Cash and savings
• Investments (stocks, bonds, etc.)
• Real estate
• Retirement accounts
• Vehicles
• Other valuable possessions
Liabilities:
• Debts (credit cards, loans, etc.)
• Mortgages
• Outstanding bills
Example:
Let's say John has:
Assets: $100,000 (house) + $50,000 (savings) + $20,000 (car) = $170,000
Liabilities: $50,000 (mortgage) + $10,000 (credit card debt) = $60,000
John's Net Worth = $170,000 (assets) - $60,000 (liabilities) = $110,000
This means John has a positive net worth of $110,000.
Net worth is an important metric for understanding financial health and progress towards long-term goals.
Summary:
Net Worth Equals (=) Total Assets minus (- ) Total Liabilities
Assets:
• Cash and savings
• Investments (stocks, bonds, etc.)
• Real estate
• Retirement accounts
• Vehicles
• Other valuable possessions
Liabilities:
• Debts (credit cards, loans, etc.)
• Mortgages
• Outstanding bills
Example:
Let's say John has:
Assets: $100,000 (house) + $50,000 (savings) + $20,000 (car) = $170,000
Liabilities: $50,000 (mortgage) + $10,000 (credit card debt) = $60,000
John's Net Worth = $170,000 (assets) - $60,000 (liabilities) = $110,000
This means John has a positive net worth of $110,000.
Net worth is an important metric for understanding financial health and progress towards long-term goals.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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