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"It's not that the Democrats are playing checkers and the Republicans are playing chess. It's that the Republicans are playing chess and the Democrats are in the nurse's office because once again they glued their balls to their thighs."
Every business is different. You wanna use a 15 year old computer, dumbass?
I suppose Wrong State didn't teach about the time value of money, either.
For example, and you really should know this, say I have $10,000 to spend on a piece of equpiment. If I pay cash for it outright, I have the equipment, and I need to depreciate it. Look that up yourself.
Let's say I can lease it at an attractive rate; around 3.0% a year or less if you're doing well, using Fair Market Value terms (look this up yourself too). In VERY basic terms, I keep my $10,000, and put it into some form of investment that yields at least 3.0% per year, or more if I have a business in which I can reinvest and track things like return on capital. This means I get to use the equipment essentially for free. I can keep the $10,000 for something REAL important. My lease payment is less than the depreciation will be. And if it gets old and broken down, I have a way to get rid of it and upgrade to something newer (rather than needing to hold on to it and try to sell it myself).
But as McBear says, I've already wasted too much time explaining one of the more rudimentary facets of business finances.
Don't you all see that investing and all this making money based off of it is FAKE? Nothing real is generated by it. It's like the lie that our paper money is actually worth anything. If you aren't physically creating something with your time then you are stealing food off of people's tables. The barter system was based on trading necessities. All of these luxuries and interest and other non-necessity things are what is watering down the world.
If you are leasing equipment when it gets old then the leasing company takes it back. Then it is still waste. Just because you aren't the one eating it directly doesn't mean it went away. Credit is passing the losses off over and over. The entire world economy is like one big kiting scheme.
Don't you all see that investing and all this making money based off of it is FAKE? Nothing real is generated by it. It's like the lie that our paper money is actually worth anything. If you aren't physically creating something with your time then you are stealing food off of people's tables. The barter system was based on trading necessities. All of these luxuries and interest and other non-necessity things are what is watering down the world.
If you are leasing equipment when it gets old then the leasing company takes it back. Then it is still waste. Just because you aren't the one eating it directly doesn't mean it went away. Credit is passing the losses off over and over. The entire world economy is like one big kiting scheme.
No, it isn't. The more you post, the more ignorant you look. I'd spend a couple of hours on Wikipedia looking up business leasing, and following all the little blue links.
I was speaking of paying taxes which pay for your job if I am not mistaken.
And I don't think your EFI tinkering would play well in my restoration shop and it certainly wouldn't work in the systems analyst consulting biz.
My daily bread job is paid for by utility payments directly, with no government taxes.
As for my skillset I was referring to spending all of my time learning to do skills instead of going to school to do things like financial services. I thought you were the guy who was an economist or whatever useless degree it was, but I may be wrong.
Here's a list of jobs that do not benefit society: economists, financial services, psychologists, fashion designers, artists, musicians, athletes, actors, etc
Jobs that matter: Carpenters, farmers, masons, mechanics, miners, doctors,etc
I assumed you were just another white collar paper pusher that never did anything with your hands. Forgive me if this was a false assumption. IF you actually know how to use things like a plumb-bob and a pipewrench then kudos.
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