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<p><strong>REINVEST EXCESS CAS...

REINVEST EXCESS CASH GENERATED BY ASSETS

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MORE IDEAS ON THIS

<p><strong>LEARN TO LISTEN</st...

LEARN TO LISTEN

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<p><strong>YOU BECOME WHAT YOU...

YOU BECOME WHAT YOU STUDY

- READ A LOT

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<p><strong>SURROUND YOURSELF W...

SURROUND YOURSELF WITH PEOPLE SMARTER THAN YOU

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<p><strong>BUY LUXURY LAST, NO...

BUY LUXURY LAST, NOT FIRST

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<p><strong>REDUCE EXPENSES AND...

REDUCE EXPENSES AND LIABILITIES

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<p><strong>PAY YOURSELF FIRST<...

PAY YOURSELF FIRST

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<p><strong><em>10 Lessons From...

10 Lessons From RICH DAD, POOR DAD.

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<p><strong>AIM FOR MORE VALUAB...

AIM FOR MORE VALUABLE ASSETS

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<p><strong>WORK TO LEARN, DON'...

WORK TO LEARN, DON'T WORK TO EARN

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<p><strong>BE IN CONTROL OVER ...

BE IN CONTROL OVER YOUR EMOTIONS

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 Investing defined

Investing defined

Investing is about laying out cash or assets now, in the hope of more cash or assets returning to you tomorrow, or next year, or next decade.

Most of the time, this is best achieved through the acquisition of productive assets.

How to calculate net worth

  1. Add up the total valued of your cash and other assets. Items could be cash, stocks, bonds, DCs, 401(k), real estate, the money you're owed. Your goal is to determine how much these assets would be worth if you were to convert them into cash.
  2. Then subtract all...

Calculating your assets and liabilities

Assets are anything of value that you own that can be converted into cash. Examples include:

  • Investments
  • Bank and brokerage accounts
  • Retirement funds
  • Real estate
  • Personal property: vehicles, jewellery and collectables.
  • Cash

Your...

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