E-Mail 'What the Heck is an Asset?' To A Friend

by Investing School on August 22, 2009

Email a copy of 'What the Heck is an Asset?' to a friend

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Mike August 28, 2009 at 1:38 am

B#llocks!

An asset is anything that puts cash in your pocket and leaves you cash positive – nothing else!

I.e. Your house is the bank’s asset unless you rent it out with a positive cash flow after expenses, where it thereby becomes….an asset!

Investing School August 29, 2009 at 8:27 am

An asset doesn’t necessary generate income on a continual basis. Anything that theoretically can be sold is an asset. Even a car, which loses value over time is considered a depreciating asset.

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