Burnside and Co. has summarized the United States Conference of Catholic Bishops (USCCB) Investing Guidelines for your ease of understanding.
In our opinion, these guidelines are recommendations, not canon law. Some investors might choose to be stricter and more proactive while others may elect to be more hands-off.
Much like religion itself, Catholic Value Investing can be very personal in nature. There is no “one-size fits all” strategy.
Burnside and Co. can help you construct a customized Catholic Value Investing plan.
What is a Net Worth Statement?
Your net worth is the combination of what you own (assets) and what you owe (liabilities). Individuals calculate their personal net worth on a Net Worth Statement, also known as a Balance Sheet.
Calculating your net worth allows you to:
- Know your current financial situation
- Measure progress toward goals