What is Total Net Worth?

Your total net worth is the value of all your liquid assets (see liquid net worth) along with less liquid assets, such as your car, illiquid stocks and illiquid money owed to you. When calculating your total net worth, exclude the value of your home. 

Generally speaking, people with a higher net worth are able to take on greater investment risk. 

Total net worth options

1. Under $50,000
2. $50,001 to $100,000
3. $100,001 to $200,000
4. $200,001 to $500,000
5. $500,001 to $1,000,000
6. $1,000,001 to $5,000,000
7. Over $5,000,001