Talk:Net worth
This article is rated Stub-class on Wikipedia's content assessment scale. It is of interest to the following WikiProjects: | ||||||||||||||||||||||||||||||||||
|
No references
[edit]I moved the "no references" warning to the top of the page - since this is where it is at one other pages. I might actually come back to fix this, doesn't sound too hard to find references on this subject... Hendrixjoseph (talk) 23:22, 28 March 2011 (UTC)
I have provided an authoritative reference and have removed the warning. The present definition ist much more general and includes countries, an issue mentioned below on this page.--Herbert81 (talk) 09:45, 5 February 2017 (UTC)
Net worth by country (list)
[edit]Wikipedia misses a main article about list of net worth by country and a list of net worth per person by country. It's a main thing in economy. net worth in country =(Public worth+private worth)-(private debt +public debt). Incerdible you miss it.151.40.66.201 (talk) 07:17, 20 April 2012 (UTC)
I have taken up this suggestion and provided the definition. However, a table is still missing.--Herbert81 (talk) 10:03, 5 February 2017 (UTC)
Equity
[edit]How does Net Worth differ from Equity (finance)?
There is no material difference. Hence, I will add this link.--Herbert81 (talk) 09:46, 5 February 2017 (UTC)
Merge with Wealth
[edit]The article is certainly not suited for a merge with "wealth" because net worth is a technical term in its own right (see reference no. 1). Therefore, I delete the merge mark.--Herbert81 (talk) 10:06, 5 February 2017 (UTC)
"Worth (word)" listed at Redirects for discussion
[edit]An editor has asked for a discussion to address the redirect Worth (word). Please participate in the redirect discussion if you wish to do so. Shhhnotsoloud (talk) 11:31, 2 February 2020 (UTC)
vague & poorly constrained
[edit]I don't find the current definition here adequate. Sure, at a very high level, value of assets minus costs of liabilities is ok. Thing is, it doesn't define any of these terms clearly (or at all). For instance, let's say I own 100 shares of XYZ Corp and have no debts, and currently no liabilities. If I sell them I will have a capital gain or a capital loss, short term or long. My tax liability will certainly be different depending on my tax bracket - which will depend on income rather than asset value. And of course, there are some jurisdictions which have value/wealth taxes. Another example: Say I own $100,000.00 in stock and if I sold it all at once I'd have $30,000 in tax liability, but if I sold $10,000 per year for 10 years I'd have zero tax liability, then which is my "net worth" - $70,000 or $100,000?? (ceteris paribus). What if I have future liabilities? etc. etc.174.130.49.98 (talk) 06:27, 1 March 2021 (UTC)
Merge high/ultra-high net worth
[edit]As per this, suggesting that High-net-worth individual and Ultra high-net-worth individual be merged here. The classifications are arbitrary and fluid, and a lot of the information is redundant or better in context. The major issues with out-of-date information can also be addressed in the process. Der Wohltemperierte Fuchs talk 15:11, 27 June 2022 (UTC)
"High-net-worth-individual" and "Ultra-high-net-worth-individual" should be merged: one is an extension of the other. "Net worth" should not be merged with them, as they do not overlap and the topics covered are a bit different.---Speminallium (talk) 05:46, 15 August 2022 (UTC)
- Given this uncontested counterproposal, I've merged the other two pages to the target indicated. Klbrain (talk) 15:41, 2 April 2023 (UTC)
- Stub-Class Economics articles
- Mid-importance Economics articles
- WikiProject Economics articles
- Stub-Class WikiProject Business articles
- Mid-importance WikiProject Business articles
- Stub-Class Accounting articles
- Accounting articles
- WikiProject Business articles
- Stub-Class Finance & Investment articles
- Mid-importance Finance & Investment articles
- WikiProject Finance & Investment articles