whats diff between corpus and net worth
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Seeing ppl are using these terms interchangeably
Can someone explain nitty gritty woth example
Can someone explain nitty gritty woth example
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https://www.desidime.com/comments/permalink/10189736
Where my loans and liabilities will be counted??
In corpus or in NW?
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https://www.desidime.com/comments/permalink/10199235
1) In corpus we wont think about liabilities it will include everything that has monetary value.
2) In networth we negate liabilities as we will consider assets after negating liabilities as networth
https://www.desidime.com/comments/permalink/10214469
@BAT_MAN why don't you explain yet the difference between corpus and net worth? So people can easily understand.
So pls write in each and every comment even after 2 to 3 days or week so people get aware and get ideas regarding Financial Knowledge too because of you .
Thanks .
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corpus= ur mf+fd+stocks+everything else
net worth= everything above+goodwill of a person. like in case of ambani banks will close eyes and will issue a 100crore loan @ cheapest rate whereas for someone like me they will make me run pillar to pillar for documents and what not. some do not include goodwill here but it matters a lot