Wednesday, 15 April 2009

what are Assets

Assets is anything that pays you money for holding it.
Example - bonds, mutual fund units, stocks, insurance units that pay you (annuities). Real
estate that pays you rent. Anything basically that does NOT take your time in order to give you
money. If it takes time then it’s you JOB, and if it’s your job then you are selling your time to
earn money, and if you are selling your time to earn, then baby you only got 24 hour’s a day.

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