I don't have any experience with filling out FAFSA forms and my investment experience is mostly limited to using apps and other platforms. But I did a little research and I came across this document which FAFSA put out going over that part of the form in detail. https://fafsa.ed.gov/fotw1920/help/fotw33c.htm Hoping this is somewhat helpful!
Hello! Anyone here familiar w/stocks? My daughter has stock w/her employer. She's trying to fill out the FAFSA and its asking for the "Net worth of her investments". She has a stock plan and its on etrade. We are not sure what we are supposed to be putting on the FAFSA form. On a brokerage stmt I pulled up shows her Total Net Portfolio Value and on the Complete View page it shows Current Account Value and Total Account Value. Which value and I supposed to be putting on the FAFSA? Thanks!
My mentor defines an asset as something that is putting money in your pocket on a monthly basis. A liability on the other hand takes money out. With that in mind he asked me once if the stocks I owned we're an asset or a liability. I instantly said asset, but the more I thought about it, the more I wondered. I decided to take a look at the stocks I had bought through the Stash app and I was surprised to find most of my stocks paid me 0 in dividends. I then found one that paid a small...
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