Comments on Principle 4: Invest in Appreciating AssetsTypePad2005-04-25T08:12:00ZNAhttps://www.freemoneyfinance.com/tag:typepad.com,2003:https://www.freemoneyfinance.com/2005/04/principle_4_inv/comments/atom.xml/ commented on 'Principle 4: Invest in Appreciating Assets'tag:typepad.com,2003:6a00d83451bcbd69e200e552e50ceb88332008-06-06T16:21:38Z2008-06-06T16:21:38ZYour house is only your asset if your mortgage is paid off, until then it is a residual income asset...<p>Your house is only your asset if your mortgage is paid off, until then it is a residual income asset to the bank and your liability.</p> commented on 'Principle 4: Invest in Appreciating Assets'tag:typepad.com,2003:6a00d83451bcbd69e200e54f0b570f88342007-10-13T19:57:29Z2007-10-13T19:57:30Zthats not a good thing because if ur house is ur biggest asset ur in trouble ,with liabalities such as...<p>thats not a good thing because if ur house is ur biggest asset ur in trouble ,with liabalities such as maintence mortgage and paying the bank ,thats a bnig no no u see alot of people in america dont know the diffrence between assests and liablities some think they do have assest but is really a liabiltiy</p>Jose Anes commented on 'Principle 4: Invest in Appreciating Assets'tag:typepad.com,2003:6a00d83451bcbd69e200d8344c426153ef2005-06-02T17:47:19Z2008-08-27T11:28:48ZJose Aneshttp://aneshome.com/weblog/money/Love this idea. I have a Mazda Miata 96 that I love. Kind of old, but runs perfectly. I have...<p>Love this idea.<br />
I have a Mazda Miata 96 that I love.<br />
Kind of old, but runs perfectly.<br />
I have given it a lot of care, and I see the care I give the car as an "investment". It allows me to avoid having to buy a new car.</p>
<p>So... Invest in appreciating stuff.</p>
<p>MAINTAIN the non appreciating stuff, so that you can invest more in Principle #4.</p>