Bruddah IZ
DA
I know you have no net income on your home. Facts are often re-defined as arrogant and condescending amongst you people.
The Inevitable New The Inevitable Trump Mocking Thread
- Thread starter Nonononono
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Bruddah IZ
DA
The multi millionaires that I know are not on this forum.
You don’t know me and besides, you forget I have offered to prove it.
Hard to believe, ain’t it?
You’d rather believe that I make up specifics about my tax bill, housing purchases and sales, etc.
Whatever makes you feel good in your looney bin.
Sheriff Joe
DA
Why are you concerned?
Oh my......" Messy " is concerned he's been putting deodo some where it doesn't belong...
Adjustable
Rating
Messy
Bruddah IZ
DA
You're kidding about the ARM question....right?
No he's ( It's ) not.........SoCal JC system gave him ( It ) the " tools " ....he ( It ) sold the books for ganja.
Now he's ( It's ) fantasizing on a Soccer Forum because the dues are beyond reach for Jr's much
needed training.......Focus on the kid " Messy " financial....you'll find a way to pay !
Bruddah IZ
DA
If your mortgage payment seems an asset to you, then so be it. Who am I to tell you otherwise.
Bruddah IZ
DA
Simulations require specifics too. Otherwise they wouldn't be simulations.
Real property=asset.
Mortgage=liability.
Stock=asset.
Credit card debt=liability
Art=asset.
Debt to gallery=liability.
Accounts receivable=asset.
Lease obligation=liability.
These are called “examples” of things that go on a “financial statement.”
Oh good. Wouldn't want the Fed "printing" money the old fashioned way...
You're a true economicallish jeanius, no doubts.
Here's a suggestion.
If you are ever named executor of someone's estate and they own a "domicile", try not putting it in the list of assets.
See how that goes over with the probate judge (and any heirs.)
Then tell us again about your economicalish jeaniousity. (and don't forget to list the Fed's printing press as an asset too! Oh, and your lederhosen, strudel boi.
If you are ever named executor of someone's estate and they own a "domicile", try not putting it in the list of assets.
See how that goes over with the probate judge (and any heirs.)
Then tell us again about your economicalish jeaniousity. (and don't forget to list the Fed's printing press as an asset too! Oh, and your lederhosen, strudel boi.
Bruddah IZ
DA
Income statement and balance sheet to be more specific. No wonder you hire professionals. Your next mortgage payment on your home is due. Expecting any net income from your home?
Bruddah IZ
DA
The Treasury still prints money on the Federal Reserves (Fed) authorization though.
O
The probate judge is an Obama judge and the QE inflated the domicile it’s still not an asset.
I’m just grateful that my deductible 3.15% interest payment allows me to capture all my asset appreciation, while the money I haven’t used to buy my house is out there making about 7-9% every year.
Love my mortgage...cheapest money I can buy to pay for the best assets I own.
Sheriff Joe
DA
You mean besides me.
Bruddah IZ
DA
What do you mean by own? No mortgage? Every spigot boy should know that the Feds assets were MBS's, lederhosens full of MBS's. But they've been selling those MBS assets off to tighten the money supply which has resulted in rising interest rates. But I know that a good little Spigot boy knows these things.
Bruddah IZ
DA
How could I forget. Messy has been keeping me busy. How's the Beef Jerky market share coming along
Bruddah IZ
DA
Sounds like a match made in heaven. The bank collects money every month at about 9 times your interest rate of 3.15% according to the amortization schedule for 840k at 3.15% with only 10 years left even gratuitously assuming you were always at 3.15% without refi, which you did for 100k of education. I didn't account for that to show that you're still easily near 30% in interest payments a month! Sounds like your simulation is wreaking of asset-ness.