There is nothing illegal about
buying depreciated assets after a financial calamity, in order to make money.
There is nothing illegal about
buying depreciated assets after a financial calamity, in order to make money.
Normalizing indebtedness «Two generations ago, the conventional wisdom was that you never borrowed money to
buy depreciating assets,» says Preet Banerjee, a personal finance commentator and management consultant to the financial services industry.
If you find you can't
buy depreciating assets without borrowing money, that's simply an indication that you can't actually afford it.»
We were able to achieve this milestone by concentrating on growing our income - producing assets, instead of
buying depreciating assets and paying interest on them.
Credit card debt is particularly expensive — and what makes it even worse is that it's typically used to
buy depreciating assets, such as clothes or restaurant meals.
I agree on that don't
buy depreciating assets, but you do need things like a car.
Don't
buy depreciating assets.
If you find you can't
buy depreciating assets without borrowing money, that's simply an indication that you can't actually afford it.»
Normalizing indebtedness «Two generations ago, the conventional wisdom was that you never borrowed money to
buy depreciating assets,» says Preet Banerjee, a personal finance commentator and management consultant to the financial services industry.
Not exact matches
You shouldn't use home equity to pay for
depreciating assets like cars, which begin losing value the moment you
buy them.
This takes away the pain of having to sell your car — an
asset with a value that begins to
depreciate the minute you
buy it — and eliminates the need for maze - like leasing contracts.
is hard to stomach
buying a new car knowing I'm putting out $ 30,000 for a
depreciating asset.
They don't want to
buy an
asset that's likely to
depreciate in value, and house prices have been falling.
Even as the dollar declines, it will cause our trading partners to decide whether they want to slow their export machines by letting their currencies rise or
buying more eventually
depreciating dollar
assets.
If you don't, then the education does become an
asset (like
buying a new piece of software or PC) and would need to be
depreciated over time.
So, even if they sold everything they
bought with the government's money, they would still come up $ 10,000 - $ 20,000 short because of their quickly
depreciating assets.
You can no longer claim deductions for second - hand or used
depreciating assets, whether they are
bought with the property or separately.
The holes at the bottom of the pool represent the expensive,
depreciating assets they borrow money to
buy.
There is a reason the rich lease
depreciating assets and
buy appreciating
assets; that's the thinking that got them rich.