@smooth1nz Once you pay off your mortgage, your house will still be a liability. It is like food or taxes,you need to spend money to maintain it and it gives you no passive income. When you sell it,you will need to live SOMEWHERE right?
@ThePsychoticChipmunk Anything that can be owned and has value sits in the asset column on a balance sheet. The costs associated with owning that asset are listed on the liability column. An asset need not provide income to be considered an asset.
Who wants to earn extra 8,000 per week or per day? Our company is in pioneering stage, just started as January 2011, nationwide. We have the value for money ,we have the best products and we have a new system w/c is very different from the others. Of course, this registered in Securities and Exchange Commission. Exclusively in Philippines, Cebu City. If you lived particularly in Cebu City, Philippines and your interested don't hesitate to message me. See you around in Cebu. Thanks.
Demand and supply is an economic model of price determination in a market.
Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.
Trust me people your home is most definitely an asset. The mortgage is a liability.
smooth1nz 3 months ago
@smooth1nz Once you pay off your mortgage, your house will still be a liability. It is like food or taxes,you need to spend money to maintain it and it gives you no passive income. When you sell it,you will need to live SOMEWHERE right?
ThePsychoticChipmunk 2 months ago
@ThePsychoticChipmunk Anything that can be owned and has value sits in the asset column on a balance sheet. The costs associated with owning that asset are listed on the liability column. An asset need not provide income to be considered an asset.
smooth1nz 2 months ago
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Who wants to earn extra 8,000 per week or per day? Our company is in pioneering stage, just started as January 2011, nationwide. We have the value for money ,we have the best products and we have a new system w/c is very different from the others. Of course, this registered in Securities and Exchange Commission. Exclusively in Philippines, Cebu City. If you lived particularly in Cebu City, Philippines and your interested don't hesitate to message me. See you around in Cebu. Thanks.
65SeisCinco 4 months ago
Demand and supply is an economic model of price determination in a market.
Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.
DocWog 6 months ago
u know i like those assets! ;)
PumpkinfaceMEDIA 9 months ago
i which my dad was rich, that way i wouldn't have to work my way to college : (
some people are just born with luck.
mariflak 9 months ago
@mariflak
i bet your dad would be upset to read this, be happy that can go to college. No fun comes on when its to easy :P
MaggoGuitar 9 months ago
@mariflak It's probably best you do. Might want to talk a remedial class in English writing and comprehension though.
mazercore 6 months ago
ya good explanation
biohazardcel 1 year ago
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firstgene 2 years ago
good explanation!
Sovoynok 2 years ago