Timeline for Why do some people say a house "not an investment"?
Current License: CC BY-SA 3.0
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| Feb 18, 2014 at 0:25 | comment | added | ChuckCottrill | The OP seems to be conflating the terms asset and investment. As you have quoted from @RobertKiyosaki, defining an asset as something that produces income, and a liability as something that incurs expenses. This gives an investor a useful operational definition to measure investments. Although these definitions are not strictly accurate from accounting terms, they clearly show the investor the importance of choosing and viewing investments using a critical tool. | |
| Dec 3, 2013 at 19:07 | history | edited | Jerry Penner | CC BY-SA 3.0 |
Fixed spelling
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| Dec 2, 2013 at 16:19 | history | answered | Jerry Penner | CC BY-SA 3.0 |