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Old 03-26-2006, 07:38 PM  
SleazyDream
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Join Date: Jul 2001
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Do you buy assests or Liabilities?

Frame of thought - when you buy stuff - do you buy assets or liabilities?


Better yet - do you buy liabilities that you tell yourself is an asset?

examples of typical liabilities that many think are assets

you car
the house you live in
your boat
your moterbike
cloths
jewlry



So what do you buy when you buy things? Assets or liabilities?
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