Net Worth Statements: Over 50% of People Get This Wrong

Рет қаралды 959

2 ай бұрын

I think you'll find this video interesting. But I always think that. It looks at a mistake I see all the time (even from experts!).
Dave Chilton, The Wealthy Barber and former Dragon on CBC's Dragons' Den, talks about a mistake he sees Canadians make all of the time with their net worth statements.
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Пікірлер: 3

@ralphparker 2 ай бұрын

TAX Free Savings (Roth) accounts verses Tax Deferred ( IRA) Verses Regular Savings Account. Your lingo is throwing me off a little. But, Financial Net Worth statements normally don't include present value of income streams but could like pensions, social security, annuities and the information would be very useful in comparison of successful and unsuccessful plans and where one might lie in the midst of them.

@mikeflair6800 2 ай бұрын

Good input - I have valued my Social Security about $350,000 in PV Terms, but I need to account for the 85% liability tax. 🥲

@tarheel181 2 ай бұрын

Come on bro, nobody wants to be responsible for their fair share of taxes, that is what divorce is all about! Try to sneak out with as much stuff as possible and stick the other party with as much liability and cars that need repairs, chop chop!