Tuesday, March 20, 2007
Q1 Financial Update
This is my first chart showing my net assets. I am fortunate enough to not have any college loans and to have an interest free loan on my car (parent's help).
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1 comments:
You're in pretty good shape there, but I'd be wary of listing your car as an asset. Yes, it has some value, but it's not particularly liquid, and it's depreciating constantly. If you want to get specific into listing depreciating non-liquid personal assets, you should include your computer, furniture, electronics, etc. Otherwise, just call your car+loan a wash as long as the car is worth more than the loan.
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