Fixed
Income assets refer to assets that provide their owners with a fixed stream of income.
Not exact matches
Anyone with less than $ threshold of
assets and
income qualifies, with one caveat: if you're an unemployed able - bodied adult (not disabled, child or senior), you must qualify also for «able - bodied adults between 16 and 60 must register for work, accept suitable employment, and take part in an employment and training program to which they are
referred by the local office».
Social inequality
refers to disparities in the distribution of economic
assets and
income as well as between the overall quality and luxury of each person's existence within a society, while economic inequality is caused by the unequal accumulation of wealth; social inequality exists because the lack of wealth in certain areas prohibits these people from obtaining the same housing, health care, etc. as the wealthy, in societies where access to these social goods depends on wealth.
When Kiyosaki says Cashflow he is
referring to obtaining
assets and being able to have passive
income.
Some people
refer to Chapter 13 as
asset protection, because by giving up some of your future
income you are keeping the
assets you have today.
Moderately aggressive model portfolios are often
referred to as «balanced portfolios» since the
asset composition is divided almost equally between fixed
income securities and equities in order to provide a balance of growth and
income.
Since it is a hard
asset that produces
income, some investors have
referred to farmland as «gold with a coupon.»
Using additional
assets, you can also purchase a feature — commonly
referred to as a Cost of Living Adjustment (COLA)-- that will increase your payments each year to help your
income keep pace with inflation.
This deduction is
referred to as
Income in Respect of Decedent (IRD), and it is one of the most significant deductions available for inherited
assets.
This type of
income loss is
referred to a «loss of earning capacity» and requires assessment of the value by which a person's «capital
asset» has been impaired.
Not too long ago, they offered in abundance what are called «stated
income loans», more commonly
referred to as «no doc» or «low - doc» loans, mortgages that require no documentation or little documentation to verify the borrower's
income and
assets.
The
Income Tax Code section now
refers exclusively to real estate
assets, and has been retitled, «Exchange of real property held for productive use or investment.»