ilmscore | Liabilities vs. Assets Predictions
Lia

Liabilities vs. Assets

Topic
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Recent Predictions

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Purchases like cars, clothes, and vacations are considered liabilities because they depreciate in value or do not generate income, unlike assets which are acquired to make money.
"when you buy a car that's also a liability because when you buy a $20,000 car in a few years that ca..."
Minority Mindset Minority Mindse...
Jun 23, 2024
Pending
If You've Never Inve...
Wealthy individuals use their assets to purchase liabilities, while average and financially poor individuals use their income (or financed income) to buy liabilities.
"What wealthy people want to do is they want to make money to buy assets and then use these assets to..."
Minority Mindset Minority Mindse...
Mar 3, 2024
Pending
MASTERCLASS: The SEC...