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To: Always Right

In a sensible mind an asset is when Other People's Money is paying down and off the mortgages; thereby, increase one's own true value. Logic is all over this arguement.


61 posted on 12/29/2006 8:24:50 AM PST by 100-Fold_Return (MONEY Cometh To Me NOW)
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To: 100-Fold_Return
In a sensible mind an asset is when Other People's Money is paying down and off the mortgages; thereby, increase one's own true value.

An asset does not have to be sold to have 'true value'. It would be impossible to balance books under your 'defintions'.

65 posted on 12/29/2006 8:31:17 AM PST by Always Right
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