Nov 29 2007, 02:07 PM
QUOTE(tinkerbel @ Nov 29 2007, 01:59 PM)
@dreamer101,
Yes, the earlier post is merely MY opinion. My definition of an asset is something we own hence the house we live in (assuming it's been paid up) is what i'll consider an asset. An investment on the other hand is something that has the possibility of earning one some money each month.
I don't think we can or should judge an asset by just cash flow. Perhaps u had meant 'Investment' instead, and not Asset? *shrugs*
Easier explanation...is car an asset even after you've paid off all the car loan? Yes, the earlier post is merely MY opinion. My definition of an asset is something we own hence the house we live in (assuming it's been paid up) is what i'll consider an asset. An investment on the other hand is something that has the possibility of earning one some money each month.
I don't think we can or should judge an asset by just cash flow. Perhaps u had meant 'Investment' instead, and not Asset? *shrugs*
Anyway, back to the topic. I.e. IMO not much choice if one is scouting for landed properties around that budget. Unless of course look out of town. But I don't think there's anywhere in KL.
Quote
0.0164sec
0.53
6 queries
GZIP Disabled