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originally posted by: Phage
a reply to: Subaeruginosa
Net wealth doesn't really mean all that much, if you don't physically have the cash on hand to spend, does it?
I take it that the only assets you have are cash?
Well no... actually the only "asset" I have on hand is a very expensive mortgage.
originally posted by: Phage
a reply to: Subaeruginosa
Well no... actually the only "asset" I have on hand is a very expensive mortgage.
A mortgage loan is a liability, not an asset.
originally posted by: toysforadults
a reply to: BASSPLYR
I need to move, USA is over rated and people are selfish a-holes
originally posted by: Phage
a reply to: Subaeruginosa
Nope.
The asset is the property.
The loan is the liability.
Net worth (equity) is the difference.
originally posted by: Phage
a reply to: Subaeruginosa
Perhaps you are sub-average.
originally posted by: hopenotfeariswhatweneed
a reply to: rickymouse
20 years ago food was really cheap in this country, sad that it has changed so much.
originally posted by: hopenotfeariswhatweneed
a reply to: BASSPLYR
That's a pretty cheap rental, where u live for a 3 bedroom place i would pay that per week, I'm guessing you are inland or fairly far up north.