Bruddah IZ
DA
An insult to Trump I should think.You sound like Trump.
You know what they say about braggarts.
An insult to Trump I should think.You sound like Trump.
You know what they say about braggarts.
I wonder if he's gonna post his income tax returns for all to see.Lol!
My real estate has substantial net asset value notwithstanding hefty mortgages.Net Income from the home you live in/Total Avg. Assets = Return on Assets
or given your rant above
Net Income from your non-income producing residential RE/Total Avg. Assets = Return on Assets
At this point you should notice that your pain is attributed to the cash flowing away from your account and in to the accounts of the real asset holders. I know very little. So don't try to flatter yourself by over complicating what is a simple process. I'm enjoying your convictions about why you think your RE is an asset and yet the source of so much pain given your inability to fill the Net income part of the Return on Assets equation.
Oh and my real estate is a liability. Just like yours. But not so painful.
Are you lying, or just dumb? My house is subject to forfeiture, so why do you say it isn’t?You're actually exactly right although you probably don't realize why. Lol! Your home, a current Liability is not subject to forfeiture because the bank has the first lien on your house via the DOT and promissary note. If the loan is paid off then you're shit out of luck with your beloved asset (Net Income/Total Average Asset = Return on Assets). Any questions?
Only if I run for presidentI wonder if he's gonna post his income tax returns for all to see.
Exactly. No net income. Hence the hefty mortgages. I'm happy to say you have an asset if you have a rental property that is negative cash flow. But who knows what's going on with you and your convoluted fairy tale Real Estate holding(s)My real estate has substantial net asset value notwithstanding hefty mortgages.
Are you paying your experts? If so, they have very little incentive to point out the dumbest rich guy in the room.But that’s only according to banks and accountants and lenders and every single other financial expert.
Experts do matter. They let you know what your Net income is on assets. Hopefully. Go ahead an fill in the formula: Net Income/Total Average Assets = Return on Assets. Lets try a value or equity equation. How about Net Income/Average Equity = Return on Equity. You don't need experts to do simple math. You do need numbers and that's where you seem to spin off in to the universe.What we now know in this idiocracy where people like you blab disinformation on websites, is that experts don’t matter.
I'm sorry your taxes and mortgages are so hefty and painful that a nice living seems elusive.I’m sorry you aren’t making a nice living but then again, how could you?
Learn to keep it simple. You’ll do better than complicating things with your YouTube videos and worries about expenses.I'm sorry your taxes and mortgages are so hefty and painful that a nice living seems elusive.
Too complicated. Hire yourself a good accountant and mortgage broker and let them worry about that stuff. Invest and buy a house. You won’t regret it. But try to keep it simple. Some real estate, stocks (although Trump might destroy that asset class), art, cash, bonds. Sit back and let them average about 7% or so per year. Don’t worry so much about expenses. Good value costs money.Experts do matter. They let you know what your Net income is on assets. Hopefully. Go ahead an fill in the formula: Net Income/Total Average Assets = Return on Assets. Lets try a value or equity equation. How about Net Income/Average Equity = Return on Equity. You don't need experts to do simple math. You do need numbers and that's where you seem to spin off in to the universe.
Are you paying your experts? If so, they have very little incentive to point out the dumbest rich guy in the room.
Don’t worry so much. Pay the experts...they know so much more than you. Heck 20 years ago I even made a down payment on a 7-figure house by borrowing against my stocks and the market went up more than my interest on the leverage loan! Never could have done that without the advice of my friend the asset manager. And his point is well worth it. Maybe take a class. Everything you write is so wrongheaded and antithetical to ever making your money grow and investing smartly.
Right. Net Income/Total Average assets = Return on Assets. That way you know you’re actually making money.Learn to keep it simple. You’ll do better than complicating things with your YouTube videos and worries about expenses.
I have a very nice living. I don’t worry so much about taxes and mortgages and stuff...remember the adage that it takes money to make money.
Exactly. Net Income/ Average Total Assets lets you know when you’re getting good value for your money. You’ve shown nothing.Too complicated. Hire yourself a good accountant and mortgage broker and let them worry about that stuff. Invest and buy a house. You won’t regret it. But try to keep it simple. Some real estate, stocks (although Trump might destroy that asset class), art, cash, bonds. Sit back and let them average about 7% or so per year. Don’t worry so much about expenses. Good value costs money.
The negotiator with options. Which did you choose?Nothing new there. Izzy is confused by things like percentage signs and decimal points.
They know who is paying them. The rest is easy. But I can't knock you for employing the Austrian economic concept of the division of labor. Yo don't know so you pay.Don’t worry so much. Pay the experts...they know so much more than you.
So your asset manager made the market go up by more than your interest on the leverage loan. What did he do for you? Please answer by filling in the following: Net income/Total Average Assets = Return on Assets. You know? Some cattle to go with that big hat of yours. Further, you've gone back to No purchase price, no interest rate, no loan amount......no credibility. BTW I took the class that you should have taken. Your experts love people like you.Heck 20 years ago I even made a down payment on a 7-figure house by borrowing against my stocks and the market went up more than my interest on the leverage loan! Never could have done that without the advice of my friend the asset manager. And his point is well worth it. Maybe take a class.
Everything you write is so wrongheaded and antithetical to ever making your money grow and investing smartly.
Especially when I watch you guys calculate Return on Assets or Equity.Nothing new there. Izzy is confused by things like percentage signs and decimal points.
Don’t take it out of a book, Cubicle Man. Live it. Take risks. Go with your gut. In real estate, buy location. That’s how you make your money grow. It sounds from all your equations that you have no money and you’re underwater on your house. Sucks for you.Exactly. Net Income/ Average Total Assets lets you know when you’re getting good value for your money. You’ve shown nothing.