The Net Worth Feedback Loop
Wealth accumulation, an important aspect of financial planning, should be executed together with some kind of feedback to tell us how well we are doing financially. The role of personal net worth and cash flow statements are often understated in this respect.
News:
HELP University students win stock-picking contest
Fund advisor gains traction in index strategies
HK regulator investigates misleading research
Tip:
Liabilities are ok so long as cash flows are positive
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The skinny
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