April 9, 2013
Accumulating appreciating assets can make you wealthy over time. Accumulating depreciating assets can have the opposite affect. Two examples of each?
Accumulating appreciating assets can make you wealthy over time. Accumulating depreciating assets can have the opposite affect. Two examples of each?
Examples of appreciating assets would be, stocks, bonds, and real estate. Depreciating assets would be, cars, and clothes.
Right again, Thomas. The wealth creator focuses on accumulating appreciating assets efficiently at little cost while limiting the depreciating assets and only buying them with cash. Gradually over time, those appreciating assets compound and compound (passive income) and pretty soon you have momentum taking over as the assets take on a power all there own.
Focus on no-load index mutual funds and feed them month after month after month. As the years progress, your wealth will increase not because you are the smartest person in the room, but because you have learned how to be the wisest investor in the land!
Depreciating assets, flat screen tv, give you short term enjoyment,but luster eventually wears off. Appreciating assets bonds,rental real estate get better and more appealing as time passes.w
Well said, Aaron. Keep proving your comments. Our “community” wins when we all work together to bring finances out of the closet and into the living room. Long live financial happiness!
Yes, but it’s a secret. I’ll share with you! First, when you say stop do you utdarsnend you are halting the process only and not the lenders rights under sate code. Anything can be negotiate up till a notice of sale (i.e. California). Then all bets are more or less off. If you want to negotiate a settlement then talk to the lender before a sale date is set. Attorneys can also seek a temporary injunction for a valid claim against your lender. NOW THE SECRET: But if you think you have a wrongful foreclosure action then DON’T stop the process let it continue. After the home goes back to the lender it’s only then you have grounds for a wrongful claim. Stay in the home afterwards by responding to the unlawful detainer the lender will file to have you removed. Make your claim strong as to deceptive and predatory instances a good auditor can determine for you. Some folks have gotten back their home at 50 cents on the current loan against their house under a negotiated settlement.
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– YuszSetup website poreusply for Expressive PhotoArt for proper presentation & client interaction. It looks good on business card too. Facebook will become Friendster one day. It’s good for marketing though but in the end or when it starting to become Friendster, website is your best friend. Social media will be there for part of your marketing work.Hope you had all the best thing in 2011 or all the bad things that you can make positive out of it. 2012 rolling in , may you have a wonderful journey next year with your new ventures, your families, friends and what ever it might be.Best of regards
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