Given these net worth scenarios, which would be preferred?
+$1M assets
-$700K debt
= $300K net worth
or
+$300K assets
-$0 debt
= $300K net worth
Given these net worth scenarios, which would be preferred?
+$1M assets
-$700K debt
= $300K net worth
or
+$300K assets
-$0 debt
= $300K net worth