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Checked out
Join Date: Jun 2009
Location: On a beach
Posts: 10,127
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Quote:
There is no debate as to whether cash is an asset. It clearly is. You can debate whether it's a "tangible" or "intangible" asset, I guess. I.e., you can debate on what kind of asset it is (for accounting purposes). But there's no debate that cash is an asset. |
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AutoBahned
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I found an economics def'n of asset involving growth - which would clearly eliminate cash (usually).
I expect that like many specialized areas, ordinary words are used in different ways, leading to confusion. They should use Greek like us biologists. |
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Registered
Join Date: Jan 2005
Location: Minneapolis
Posts: 7,482
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If everything can either be classified an asset or a liability.....cash clearly isn't a liability
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I love you guys outside this forum ![]() -Eric |
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Seems to have hit support. Might be time to go back to the market.
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74 Targa 3.0, 89 Carrera, 04 Cayenne Turbo http://www.pelicanparts.com/gallery/fintstone/ "The problem with socialism is that you eventually run out of other people's money" Some are born free. Some have freedom thrust upon them. Others simply surrender |
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expect volatility -- for that same reason, I have dampers (shock absorbers) on my car...
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Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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The market will drop 500 points from today's closing before it closes 500 points above today's mark again.
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AutoBahned
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bump!
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Join Date: Dec 2007
Posts: 6,275
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Is now a good time to get back in?
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Into where? The Fed? They just topped 3 trillion in bonds, invest with them they hold all of the cards currently.
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2021 Model Y 2005 Cayenne Turbo 2012 Panamera 4S 1980 911 SC 1999 996 Cab |
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Join Date: Dec 2007
Posts: 6,275
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In the stock market, corp. profits are up.
Housing market is up. Its a new day the start of a new bull market. |
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The only thing that's up is QE. Go for it.
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2021 Model Y 2005 Cayenne Turbo 2012 Panamera 4S 1980 911 SC 1999 996 Cab |
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Join Date: Dec 2007
Posts: 6,275
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So you don't think Feds can make it work Scott R?
I must admit it looks like a bumpy road ahead. All the best. |
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Everything the gov' touches turns to s**t.
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2021 Model Y 2005 Cayenne Turbo 2012 Panamera 4S 1980 911 SC 1999 996 Cab |
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No. Wait for the market to drop -- it will, since volatility is inevitable.
BUT, you should never trade the market (unless you are being paid to do it with other people's money). Sourpusses like the ones above are useful in driving down your entry costs. Select good companies, and don't be too greedy. |
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I see you
Join Date: Nov 2002
Location: NJ
Posts: 30,061
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I don't play the market so I'm not savvy at all. Is the Dow or nasdaq adjusted for inflation? IOW is todays 14,000 equivalent to say 12,000 8 years ago?
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Si non potes inimicum tuum vincere, habeas eum amicum and ride a big blue trike. "'Bipartisan' usually means that a larger-than-usual deception is being carried out." |
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Bears and Bulls make money. Pigs get slaughtered.
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Join Date: Apr 2005
Location: cascade mtns,WA.
Posts: 884
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here is a funny one
DEBT LIMIT - A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY. - YouTube
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gatotom 76-911s-sold went to motherland 13-A4 2.0T Quattro S 96-Chev 1500 4x4 88 Sabre 38 mk 2 sailboat |
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