Bruddah IZ
DA
Speaking of games, the only thing that keeps growing is your imaginary portfolio. A rental property? What do you know, an asset in your midst. Lol. Wonder why that was never mentioned before. Perhaps youʻre learning something?
The Inevitable New The Inevitable Trump Mocking Thread
- Thread starter Nonononono
- Start date
How about we bet on the accuracy of my portfolio? 3 houses. We can use Venmo. And you can describe your portfolio, mister finance genius, and I can decide whether I believe you or not. If it’s failing or non-existent, I believe you, based on your analyses that you lock into on this website. All of your political and personal financial views focus on expenses and not revenues. Keeps you out of the game!
Bruddah IZ
DA
”Revenue” is typically not net income. You could have expenses that totally wipe out your revenues. I focus on both so that you know what your return on assets are if you actually have an asset. I have no interest in betting on the accuracy of your evolving portfolio.
Do you think stocks are an asset?
I guess you don’t want to take my bet? Hey, is stock an asset?
Bruddah IZ
DA
Yes
But not a house. Got it!
What happened to my bet? Are we on?
If you don’t want to bet on whether I am lying about real estate, how about we pick a CPA or a banker or a stockbroker and ask them if we list a house as an asset on financial statements? I say you do and you say you don’t.
How much should we bet, genius?
Bruddah IZ
DA
We can put your phantom rental property on there as an asset. Lol!
That’s the other bet. Whether I have these properties or not.
C’mon, phony. Try to back up anything you ever say.
The good news about owning you on BOTH these issues is that I have destroyed all of your credibility. Chicken.
Again, my work is done here.
Bruddah IZ
DA
What's your Net income on all of them?
Sorry chump, you’re out of the game. Get in the game, quit lying and being scared and stupid and get in the game. Live and learn. You embarrass yourself.
Bruddah IZ
DA
And again, Net Income/Total Average Assets = Return on Assets. But you have to have net income
How about we pick a few and see what kind of a joke you are, because....
You've already lost..........
https://www.moneyunder30.com/why-your-house-is-not-an-investment
First off Mr " Messy " Financial which types of stock are you referring to :
A. Common Stock
or
B. Preferred Stock
Stocks are considered a " High Risk Investment "....The risk is initiated at the time of purchase
http://www.arborinvestmentplanner.com/common-stock-advantages-risk-2/
" Risk of Common Stock
Owners of common stock have no guarantees, but are accepting the risk in exchange for potential greater gains than other safer investments. However, the shareholder’s liability is limited to the price paid for the common stock.
Common stock can be very volatile and is generally considered a high risk investment class. In the case of liquidation of the business, owners of common stock are last in line behind creditors, bondholders, and preferred stockholders. "
" The Risk of Preferred Stock
Interest Rate Risk
Remember that preferred stocks pay a consistent dividend, much like the coupons paid by fixed income securities (bonds).
As is the case with bonds, preferred stocks are extremely sensitive to changes in interest rates. As interest rates rise, the present value of a preferred stock falls (and vice versa).
The difference is that preferreds are issued in perpetuity (they have no specified maturity date), while bonds are issued with a specified maturity date (often a maximum of 30 years).
Because preferreds are issued in perpetuity, they are even more sensitive to interest rate changes than long-term bonds. When interest rates rise, the value of preferred stock will often plummet. When interest rates decline, preferreds don’t benefit like bonds because of their call provision (discussed below).
Thus, preferred stocks are subject to asymmetric interest rate risk, which ultimately makes them unattractive to many individual investors.
Almost all preferreds are callable at par value at the issuer’s discretion, normally following a specified amount of time past the issue date (often five years). This provision hurts preferred stockholders when interest rates decline.
If interest rates fall, the issuer will likely call the preferred stock and replace it with a new offering at a lower rate, thus lowering the company’s overall cost of capital.
Because of the asymmetric interest rate risk and call provisions, preferred stocks rarely trade above their issue price (at a premium).
Like bonds, preferred stocks are rated by the major credit-rating companies. Preferred stocks generally receive a lower credit rating than comparable bonds for two reasons:
- Preferred stock dividends do not carry the same guarantees provided by coupon payments from a bond.
- In the event of a bankruptcy, all debt holders (including bond owners) are paid before preferred shareholders.
You see, you are expressing an opinion. I am talking about facts. If we can’t agree on those, there’s nothing to talk about.
And if “experts” are all biased, then we can never agree on the facts. I’m with the experts. You understand that there’s nothing to debate about how to fill out a financial statement. Your friend has an incorrect view as to how to do it. Therefore, there’s nothing more to discuss.
No Zit, YOU are pontificating on a Soccer Forum about what YOU say you have....
That's called bullshitting.....
Post your Tax Returns on this forum ya little Zit.......
Come on " High Finance "......Put your money where your
little Bird ass mouth has just placed you.........
You have just failed Business 101......
I say you are full of Bullshit.....now what.
Of course you say that. You are an even bigger idiot than your phony finance friend.
As it stands, I am happy to let you try to tell me whether your house, even a house with a mortgage, goes on a financial statement as an asset (the real property) or a liability. See if you can guess. Did you know that it’s not a matter of opinion?
I am also happy to bet you that everything I have represented here as to my tax obligations and my real estate holdings, is correct.
We will both choose an escrow holder and put up $1000. Loser pays and goes before the forum and apologizes to everybody and refrains from blogging here again.
I only “brag” to establish my vastly superior credibility over that phony blowhard Iz. It doesn’t make me better than anybody, but it certainly suggests that I know much more about these subjects than that joker.
How’s that?
Au Contraire ya " Little " Zit Bullshitter.....
Show some documentation like I did that counters what I posted ya " Little " Zit....
Owning over encumbered properties is nothing to boast about...
Hey am I conversing with the 2018 Bullshit King " Creepy Porn Star Lawyer " ....
The one who's now " Asset/Credibility " poor......
How's that little Toyota Prius your leasing gettin ya around.........!
Why are you such a crazy liar like your loser friend? If I have $2.5m in loans on $7.7m worth of real estate, how am I over-encumbered? Where is your bet? Put your money where your mouth is.
More importantly, have you ever filled out a financial statement? Do you have a house? Which side did you put it on.
LOLOL...
Oh my are you a zit.
Let's see :
$2.5 in loans on $2.5 m in property.
And you've inflated the value by $5.2 m.
A fantasy value that will disappear with one reset.
Of course Mr " Messy " Financial has leveraged a portion
if not all of that inflated value to play High Finance .....thus
your over encumbered status.
Now you are in a deficit status......whoooo weeee a tissue paper crisis.
You're high on the hog til the hog dies and then your sellin dog food.....