The Inevitable New The Inevitable Trump Mocking Thread

messy said:
Yes. You speak like a jr college sophomore who takes Econ classes. You seriously sound like you have zero experience in financial matters. Or maybe you fill out purchase orders or do administrative tasks for a company controller somewhere?
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Don't flatter yourself. The Net Income/Total Average Asset= Return on Assets, is 3rd grade math when you can provide the numbers.
 
Is the defense packing it in the box hoping for a penalty shoot out? The other team is clearly dominating possession, and keeps hitting the post shot after shot. This reminds me of those parents who follow their mega club and coach at all costs, even when they see things they do not like.

This is like a Bronze team drawing a Gold team in State Cup.

Oh Dominic must be a tree hugger because he is against Trump. LOL Far from the truth REPUBLICAN

Whats he going to do next? How many years will it take to recover from this mess? More Republicans like Lindsey Graham need to come forth.
 
Bruddah IZ said:
Don't flatter yourself. The Net Income/Total Average Asset= Return on Assets, is 3rd grade math when you can provide the numbers.
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It doesn’t matter. That’s what you’re missing. Your life is out of a book or a Cubicle. Look at your bank account and see what you do to make it grow...if you care about money so much, as you seem to.
I told you. This house that I’ve lived in for 20 years was $885,000. I have refi’d twice for lower rates. I took 100K out once to start a college fund which has averaged 3.5% tax free growth. I pay a 3.15% mortgage. I live in it. It’s now worth about $4m. Property taxes blah blah blah.
If I had taken that 885 and invested it 20 years ago and rented a house this size in this neighborhood (ie my rental value is about $12K/mo)...who knows? Maybe more, maybe less.
But most of my money is in stocks and bonds, while most of my “wealth” is tied up in a few houses. They gain massive equity and are great assets to own...as is art, most of the time. My income is from my job, which is not in finance or real estate. My job is not an “asset,” even though that’s my biggest revenue stream.
When you start living a financial life (maybe when you’re older than you are now), you might start to understand how it really works.
 
messy said:
It doesn’t matter. That’s what you’re missing. Your life is out of a book or a Cubicle. Look at your bank account and see what you do to make it grow...if you care about money so much, as you seem to.
I told you. This house that I’ve lived in for 20 years was $885,000. I have refi’d twice for lower rates. I took 100K out once to start a college fund which has averaged 3.5% tax free growth. I pay a 3.15% mortgage. I live in it. It’s now worth about $4m. Property taxes blah blah blah.
If I had taken that 885 and invested it 20 years ago and rented a house this size in this neighborhood (ie my rental value is about $12K/mo)...who knows? Maybe more, maybe less.
But most of my money is in stocks and bonds, while most of my “wealth” is tied up in a few houses. They gain massive equity and are great assets to own...as is art, most of the time. My income is from my job, which is not in finance or real estate. My job is not an “asset,” even though that’s my biggest revenue stream.
When you start living a financial life (maybe when you’re older than you are now), you might start to understand how it really works.
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Why is your wealth tied up in a few different houses? Or do you live in a few different houses? Lol.
 
messy said:
Why not? If you own in the right locations, always great assets to have.
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Net Income/Total Average Assets = Return on your Assets. And you realize your wage income is not an asset. The only thing youʻve been right about so far. But lets include your equity and plug that value in to a return on equity equation to see if your equity is generating any income off your equity, thus fitting the definition of an asset. Net income/Total average equity= Return on equity
 
Bruddah IZ said:
Net Income/Total Average Assets = Return on your Assets. And you realize your wage income is not an asset. The only thing youʻve been right about so far. But lets include your equity and plug that value in to a return on equity equation to see if your equity is generating any income off your equity, thus fitting the definition of an asset. Net income/Total average equity= Return on equity
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Blah blah blah. Think and grow rich. You’re lost in irrelevant poppycock. How much do you have? How much does it grow every year? Where do you live? These are what matters. So far, you’ve shown that you don’t know accounting or finance or how to make a buck. Use your gut and your brains. Learn by doing.
 
messy said:
Blah blah blah. Think and grow rich. You’re lost in irrelevant poppycock. How much do you have? How much does it grow every year? Where do you live? These are what matters. So far, you’ve shown that you don’t know accounting or finance or how to make a buck. Use your gut and your brains. Learn by doing.
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Exactly. Do the third grade math that says your homes are generating some net income for you and not the bank.
 
Bruddah IZ said:
Exactly. Do the third grade math that says your homes are generating some net income for you and not the bank.
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“Buy it, you’ll like it!” The 3rd grade math is just that...childish calculations to feed your fear. Get in the game. My primary residence has more than quadrupled in value over the past 20 years...do you know what kind of legacy that is for retirement and/or the kids? My one rental property ticks along at 17% net/net per year. Equity in that has gone up about 20-25% in the 3 years I’ve owned it. No mortgage. That one is in a different state. I can teach you to put away the abacus and get in the game, chicken.
 
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