CASH IS THE KING  DESTRUCTIVE POWER OF DEPRECIATION
There is enough voices out there to warn you about buying things impulsively, or
buying things that you can not afford. The whole concept of want vs. need is
introduced to us from early childhood.
There is one more, often overlooked but extremely important side effect of
cumulating and owning tangibles : depreciation. Excluding real estate and natural
resources the number of assets that appreciate in value is just a small fraction of
globally produced and sold goods. With advances in technology and
manufacturing it is predictable that this trend will continue.
Quite often people hold on to their staff because of perceived, very subjective value
they associate with their possessions. The real value however is dictated by buyers,
and that may (and usually does) differ from seller expectations. Not all assets
depreciate at the same rate, but they do. If you hold on to your assets too long, they
may become liabilities. There is value in most of what we own, but time,
fashion and market saturation are eroding it. Be critical of your possessions and
remember that as soon as new stuff becomes yours, it becomes used.
And then there is the cost of lost opportunities.
Having capital frozen in forms of hardly justifiable possessions will unable you
to use it when investing opportunities arrive. Being liquid is a wonderful thing,
no matter how large or small the liquidity pool is.
In business we call it dead inventory. Destructive power of depreciation.
ABOUT CREDIT
Negative interest is a trap that keeps many  in financial trouble. But in the right…
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RED BULL RULE
One of the universal rules of money management. In easy terms.
ABOUT DIVERSIFIED ASSETS
It goes hand in hand with principles of diversified stock portfolio…
ALOHA
& WELCOME TO
MONEY with "UNCLE D"

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