Random questions.

[Sport]

When calculating ones net worth do you count the value of a financed car to counter the debt owed on the car ?

[JTZ]

Traiters tend to post on other blogs but posting on other blogs doesn't make you a traitor.

Sounds like and election line. 

[username]

Are members that post on other blogs traitors?

Is Dan a Traitor?

[mmgfarb]

Are members that post on other blogs traitors?

Depends which blog.

[JTZ]

Depends which blog.

So which blogs have you been posting on? 

[username]

Is DOC a traitor?

[mmgfarb]

So which blogs have you been posting on? 

Posted a comment on DoC

[JTZ]

Is DOC a traitor?

Is Dan a Traitor?

We are in JS.

[username]

We are in JS.

Oftentimes, we answer a question with a question.
others would have just said "no".

[LoLo]

When calculating ones net worth do you count the value of a financed car to counter the debt owed on the car ?

Why wouldn't you?

[JTZ]

Oftentimes, we answer a question with a question.
others would have just said "no".

I didn't feel the need to answer the obvious but just for you, NO!!!

[ckmk47]

When calculating ones net worth do you count the value of a financed car to counter the debt owed on the car ?

yes.
Net worth = assets (stuff you own) - liabilities (amount you owe)

[Sport]

Why wouldn't you?

yes.
Net worth = assets (stuff you own) - liabilities (amount you owe)

Right, thats why you would consider a house towards your assets but unlike the value of a house a car's value depreciates. You wouldn't counsider the value of the food in your fridge as part of your assets.

[JTZ]

Right, thats why you would consider a house towards your assets but unlike the value of a house a car's value depreciates.

A house doesn't depreciate?

[CreamofSoup]

I believe the theory is that although the physical house (including plumbing etc) may depreciate, the properties appreciation is generally going to be more than the depreciation. Essentially, you have net appreciation.

[JTZ]

I believe the theory is that although the physical house (including plumbing etc) may depreciate, the properties appreciation is generally going to be more than the depreciation. Essentially, you have net appreciation.

Except recent history has blown that thinking out of the water.

[Sport]

Except recent history has blown that thinking out of the water.

That's wasnt due to depreciation, the value of the house at purchase was artificially  inflated.
Overall value of a property typically will increase or at least will stay about the same. Of course there will be exeptions but this is the general rule.
The opposite is true with a car. Over time it will eventual decrease in value until its worht next to nothing. Of course there are rare exceptions as can be found with classic cars.

[aygart]

That's wasnt due to depreciation, the value of the house at purchase was artificially  inflated.
Overall value of a property typically will increase or at least will stay about the same. Of course there will be exeptions but this is the general rule.
The opposite is true with a car. Over time it will eventual decrease in value until its worht next to nothing. Of course there are rare exceptions as can be found with classic cars.

That is very dependent on location and the reason makes no difference. The fact is that value didn't keep up with depreciation.

[Sport]

That is very dependent on location and the reason makes no difference. The fact is that value didn't keep up with depreciation.

When contrasting theories it does make a diffrence.
Historically home values increase while car values decrease. Are there exceptions ?  Yes and even in the case of the exceptions over a longer period of time those homes will  gain back some of their value. Where as a car will jusg continue to decrease until its worth nearly nothing.

[Sport]

Are sumsung ecerts worth anything ?  Trying to figure  out if i should pull the triger on the s7 edge with the 250 e cert promo