Your Liquid Net Worth – Explaining the Concept
The concept of “liquid net worth” merely combines two financial concepts: liquidity and net worth. It defines the amount of your net asset worth that you can convert to cash easily. The first step to...
View ArticleMiddle Class Money Angst Still Apparent in Data
If there is a recovery in Americans’ finances, they don’t see it. The Federal Reserve reported Thursday that the net worth of U.S. “households” increased at about a 5% annual rate in the fourth...
View ArticleInflation Makes Saving Money Almost Pointless
One of the most dangerous lies in all of finance and economics is the implied myth that inflation somehow “destroys” wealth. It doesn’t. Inflation doesn’t hurt everyone equally — inflation helps some...
View ArticleSteve Jobs: Legacy Of A Tech Guru
Steve Jobs will go down in history as one of the greatest CEOs and technological innovators of our generation, but how did he shape his legacy and what moves did he make to start Apple from the ground...
View ArticleYour Greatest Asset is The Ability to Create Income
What is your greatest asset? Most people think it is their house. They are wrong. Bank account? Wrong again. For the vast majority of people, the greatest asset they have is the ability to generate...
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