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by tejohnso
2416 days ago
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You don't think equity in a company is an important asset? Is wealth in a mortgage-free triplex appraised at $1MM today inequal to equities in $MSFT that is worth $1MM today? If so, in what way is the wealth of the stockholder less important or less valuable? I don't think we can be sure that the real estate is going to provide more growth over time. I'm not sure by what other means the real estate could be considered more important. Note that a pretax income of ~$500,000 puts you in the 1 percenters league. So the type of investment value in my example is probably fairly realistic. |
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