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iNinjaNotes (November 30, 1999 at 12:00 am)
@ooMatttyooo An investment is an asset because you are either deriving income from it, or will be selling it for a capital gain in a few years. You own the investment legally and the rights to a claim in the residual assets if it goes bankrupt. Investments are entirely economic benefits to you, which is why they are considered an asset.
ooMatttyooo (November 30, 1999 at 12:00 am)
How is an investment an asset?
irr3v (November 30, 1999 at 12:00 am)
gold is valuable in making electronics.
thintwexaslem (November 30, 1999 at 12:00 am)
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noobkosh (November 30, 1999 at 12:00 am)
@CaptainSkeletor I know it sounds silly but it does work. Not in today's society that everyone is a slave of money. It takes time but hopefully in decades or maybe centuries it'll happen, hopefully. that's the only way to get rid of poverty. it is too complicated to be explained in 2 or 3 lines. Just think about it.
noobkosh (November 30, 1999 at 12:00 am)
@CaptainSkeletor I know it sounds silly but it does work. Not in today's society that everyone is a slave of money. It takes time but hopefully in decades or maybe centuries it'll happen, hopefully. that's the only way to get rid of poverty. it is too complicated to be explained in 2 or 3 lines. Just think about it.
CaptainSkeletor (November 30, 1999 at 12:00 am)
@noobkosh You seriously believe that would work? Money was created to be a middle hand for trading
yaqubali (November 30, 1999 at 12:00 am)
It leads to inflation which is destruction
noobkosh (November 30, 1999 at 12:00 am)
money is dirty. i wish someday the whole money system goes away and conscience show up. imagine a world that everyone work buy anything they want and pay nothing. all people are as reach as they want
nlo13 (November 30, 1999 at 12:00 am)
@Luckilius
Sources, please. |