Articles tagged with: depreciation
Observations »
My friend sent me a funny link about CNBC that brought forward a few thoughts about assets. What I am about to write you can and should safely ignore as it is likely to have little to no impact on your life. If you know me, you already know I don’t know anything and carry my cross like everyone else in the world. If you don’t even know me, how can you take what I say as anything of value, anything to use as basis for even a simple decision…
Words »
I bought a house for $150,000 eight years ago and had a loan of $120,000. The value of my house increased to $350,000. I took advantage of the situation and refinanced, being a conservative person, only borrowing $280,000 at a favorable 5.5% rate fixed for 30 years paying $1,600 per month for the mortgage and another $400 per month for real estate taxes and insurance…
Thoughts »
Thoughts »
As I was driving to work a couple days ago, a strange question came into my mind. Why am I so different from so many men who enjoy working on their cars? They like to keep their vehicles clean, engines bright, and wheels shining. Many men (around the globe) spend hours on their cars while also dreaming of owning better cars. Being fairly mechanically inclined, I am sure I could fix just about any issue in a car but I don’t even have the interest, let alone the tools. I …
