miltiades wrote:We've got the message stupid
You are not.just a pilot but a multimillionaire developer.
Any more loans recently ?????
Your stupidity is incomparable.
UK .....independence day. Look stupid just concentrate on flying jumbo jets and multi million loans.
Listen old fart, I have my fingers in some pies but I never stated I was a multi millionaire. I just do alright but I work for it too and have a bit going on. I’ve never been busier actually. Because I got a lot more time to focus on it as well.
You are the stupid idiot for making utterly stupid claims like when you tried to convince people that I said a liability is an asset. A liability isn’t an asset. It’s definitely a liability. But the liability can be used to buy an asset as most people buying a house do the very same thing when they have a mortgage. Do that liability also creates an asset for that person or entity. Your children may have done something similar when they took out a mortgage to buy a home. Otherwise, they pay rent and I can tell you they are better paying a bank instalment than pay rent because they are building equity in their asset.
Do you get it? Yes or no?
Do you agree that debt isn’t a bad thing when it’s used to buy things like a house or a rental property or to operate a business etc? As long as it’s manageable...