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Thread: Post your complete net worth!

  1. #41
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    Quote Originally Posted by Masked Bandit View Post
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    I realize we're splitting hairs here but since the depreciation is a continuous unstoppable expense, isn't that a liability? That expense is occurring regardless of what you do. True the expense isn't realized until you liquidate (sell) but the fact that you own that vehicle forces the expense?
    By the same logic pretty much nothing is an asset except for land.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.

  2. #42
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    Can someone help me double my money in 5 years with no risk and for real this time. I wanna get rich man.

  3. #43
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    Quote Originally Posted by max_boost View Post
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    Can someone help me double my money in 5 years with no risk and for real this time. I wanna get rich man.


    I don’t think Beyond is the place to be asking for financial advice.

  4. #44
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    Quote Originally Posted by killramos View Post
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    By the same logic pretty much nothing is an asset except for land.
    Including ourselves, we're the most expensive thing in our lives. Why do I feel like I shared a drink with ZenOps suddenly

  5. #45
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    That’s on my bucket list lol to meet @ZenOps

  6. #46
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    Just over 9 figures and growing daily

  7. #47
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    Quote Originally Posted by max_boost View Post
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    Can someone help me double my money in 5 years with no risk and for real this time. I wanna get rich man.
    I have land for sale in Strathmore....

  8. #48
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    Quote Originally Posted by A790 View Post
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    I'd argue that the house you live in is not an investment. I view mine is a liability.
    Beyond finance 101

  9. #49
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    Quote Originally Posted by max_boost View Post
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    Can someone help me double my money in 5 years with no risk and for real this time. I wanna get rich man.
    Bottom is in! Leverage up! King of airbnb!

  10. #50
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    Quote Originally Posted by Buster View Post
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    Cars are assets. A loan against them is a liability, and the depreciation is an expense.
    Shit I guess I missed where this thread turned serious.

  11. #51
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    Always serious bro. Just gotta read between everything lol

    - - - Updated - - -

    Quote Originally Posted by BavarianBeast View Post
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    Just over 9 figures and growing daily

  12. #52
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    Quote Originally Posted by benyl View Post
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    I have land for sale in Strathmore....

  13. #53
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    Quote Originally Posted by Manhattan View Post
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    If you count a car as a liability you might as well call a house one too given the cost to upkeep and property taxes...

    Sounds like beyond needs an intervention.
    Difference there is that the market value of a house (generally) goes up whereas the car will (generally) go down. But you're right in that even a home owned outright still costs money to operate.
    "Masked Bandit is a gateway drug for frugal spending." - Unknown303

  14. #54
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    In this thread, @ExtraSlow demonstrates that he has grown ten-fold since the old days of asking random females A/S/L on ICQ

  15. #55
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    Quote Originally Posted by BavarianBeast View Post
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    Just over 9 figures and growing daily
    Me too, if I’m accurate to the 6th decimal.

  16. #56
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    Quote Originally Posted by Masked Bandit View Post
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    Difference there is that the market value of a house (generally) goes up whereas the car will (generally) go down. But you're right in that even a home owned outright still costs money to operate.
    Houses always depreciate. The land the house is on appreciates, hopefully.

  17. #57
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    Quote Originally Posted by BavarianBeast View Post
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    Just over 9 figures and growing daily
    Decimals don’t count!
    "The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents... some day the piecing together of dissociated knowledge will open up such terrifying vistas of reality, and of our frightful position therein, that we shall either go mad from the revelation or flee from the light into the peace and safety of a new Dark Age."

    -H.P. Lovecraft

  18. #58
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    Quote Originally Posted by suntan View Post
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    Houses always depreciate. The land the house is on appreciates, hopefully.
    That’s why I got a house with a big yard!

  19. #59
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    Quote Originally Posted by rx7boi View Post
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    In this thread, @ExtraSlow demonstrates that he has grown ten-fold since the old days of asking random females A/S/L on ICQ
    false.jpg
    Quote Originally Posted by Rocket1k78 View Post
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    Extraslow nailed it

  20. #60
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    Quote Originally Posted by msommers View Post
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    $1 Bob
    2222 Bob

    it would be interesting to know, but i doubt anyone will post real info. unless you start a fake account. noone knows me, so I can post the info. :-)

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