I have a college savings fund (529) for my son. It's about $80K. I don't include this as an asset here, since I don't consider this mine.'Other assets': This is my gold reserve that I plan to gradually increase over time. 'Stocks': The number represents the value of my shares in the company I manage. I use a conservative valuation method. Realistically, I estimate the value of my stake to be at about double the amount. I update the value of this asset about once a year as I receive additional equity and/or the revenue & profit changes. |