I was checking the company’s equipment and assets when this memory of a conversation popped into my head …
A while ago I was driving a couple of friends around in my car. They got to talking about investments and buying houses and the like. I then got asked the question:
What assets do you own?
I said:
You are sitting in it.
Heh.
Ok ok ok, all you nosey-parkers, kay-poh-chees and prospective wives, here’s my explanation. I have limited amount of cash because I took a big sum out to start the restaurant. My parents have two houses – I’m living in one of them. Buy a house for what?
I hear you say, “investment?” I know I can take out a loan to buy one. But that would mean I have to look for an appropriate house to buy. Then find someone to rent it and I would have to pay to maintain it. All that on top of servicing the loan. Shite, I rather not have the stress.
Yes I know I can get an agency to do all the hard work but that would eat into my investment so what’s the point? I am not gonna buy a couple of houses just to make it worthwhile.
I would rather invest in a fund of some sort than to own property. But again, I don’t have enough to make a sizable return so most of my cash is now in a high-interest account.
For the moment I like the flexibility that I have with my money. And if I have any extra, I can always give it to the family and the business. Strictly speaking I guess the business is an asset. When we sell it I will get a lump sum back from what I’d put into it. Ok then, so I have two assets: my car and the business.
Prospective wives, if you are still interested please send your photo, measurements and a short-bio to: mooiness@gmail.com. 😉
Wow open invitation to roses out there ah? lol
it’s true.. rather to invest in a fund than to lock your cash into properties, esp on a downturn, you’ll be stuck with a house and loans to service. 😉
I’m shameless … or should that be desperate? Hahaha!
Yeah funds are more liquid. Even though property gives a bigger return eventually, you would have to be in it for a longer term.
can i apply? but shy le. you dont know me. i stalk bloggers.
r
anon: can! the more the merrier! 😛
i dont have assets to boot either. okay?
r (stalker)
PS i am very impress with the on-going cat-fight.
r-stalker: hmm. well then let’s just be bf and gf first and see if “love” is really enough. 😛
yes yes the cat-fight is getting v. interesting.
so fast huh. told you i am shy. shouldnt you at least sent me a picture for vetting?
r
PS i smell blood
r-stalker: my pics are all over this blog. go look in the photo blog entries or my flickr if u are too lazy.
r-stalker: alrighty then.
sorry. i enjoy being enticed with words. so i dont think i will go see. i am really lazy too. ha.
r
tell me, is BM really like how she makes herself out to be in her blog or better in real? i am fascinated.
r
r-stalker: she’s exactly like how u read her on her blog. Maybe funnier in real life. And yes she swears just as much. 😉
how about FF?
r
i am an atheist. i dont have a “prawn face”. i have a nice enough body, tall and lanky. i am of a marriageable age. i club and i am sociable.
okay?
r
FF = finicky feline? I don’t know her. On this trip I only met up with BM and YC of blackjetta.blogspot.com
As for your qualities, they are more than ok! 😛
Haha. I found this entry extremely amusing. You sure have no issues with confidence, aye?
Cheers.
P.S: I didnt meant what I said in an offensive manner
simplysiti: hahahah none taken! and yes I have no shame. 😛