Continued from page 1
Cash on Hand and In Bank Notes Payable Marketable Securities Non-Marketable Securities Securities Held by Brokers Restricted or Control Stocks Partial Real Estate Interests Owned Real Estate Loans Receivable Life Insurance Other Assets Accounts Payable Amount Due to Brokers Unpaid Income Taxes Other Unpaid Taxes/Interest Other Debts Debt on Real Estate Equities Real Estate Mortgages
Make sure you know what you're really worth. The only way to calculate your net worth accurately is if you track everything above.
On your road to a high net worth you can make fewer pit stops if you have a plan and
data to support your investment decisions and abilities close at hand.
Make use of spread sheet software and programs like Quicken to keep your net growth on track. The reports you can run are invaluable for seeing where you’ve been and how far you’ve come with your portfolios, mortgage, taxes, and other important information.
An investor who knows their history can better project growth and find weaknesses in their portfolio that they can improve upon.
Organization is
bedrock of those with strong net worth. It is a common thread that connects all successful investors, active or passive.
---

C.C. Collins is a Financial Planning Advisor and Author of “Scientific Wealth Strategies” at http://wealthscientist.com. Find more information at http://networthpublishing.com