Comments on: Your Greatest Asset is The Ability to Create Income http://cashmoneylife.com/your-greatest-asset/ Money Management, Small Business, Career Thu, 09 Feb 2012 19:08:34 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ryan http://cashmoneylife.com/your-greatest-asset/#comment-18414 Ryan Thu, 04 Jun 2009 02:54:06 +0000 http://cashmoneylife.com/2008/01/03/your-greatest-asset/#comment-18414 John, yes it depends on perspective, as well as a few other factors such as age, retirement status, etc. Those in retirement may be able to live off their nest egg, which would then be more valuable than going out and earning more money. For the stage of life I am in (around age 30), my ability to earn money is more valuable than the amount of money I have in the bank or retirement accounts. John, yes it depends on perspective, as well as a few other factors such as age, retirement status, etc. Those in retirement may be able to live off their nest egg, which would then be more valuable than going out and earning more money.

For the stage of life I am in (around age 30), my ability to earn money is more valuable than the amount of money I have in the bank or retirement accounts.

]]> By: John http://cashmoneylife.com/your-greatest-asset/#comment-18408 John Wed, 03 Jun 2009 22:46:54 +0000 http://cashmoneylife.com/2008/01/03/your-greatest-asset/#comment-18408 Interesting concept but really depends upon perspective. Net Worth bit I think needs testing as depends on what measurement you use to calculate. Another measure of net worth would simply be if income were zero then net worth is the time you have left until you have exhausted all assets. Fully agree that the more forms of income generating assets in your portfolio the better. Royalties and patents are difficult assets to obtain for the investor, I would love to stand corrected when I say this.!! Interesting concept but really depends upon perspective. Net Worth bit I think needs testing as depends on what measurement you use to calculate. Another measure of net worth would simply be if income were zero then net worth is the time you have left until you have exhausted all assets. Fully agree that the more forms of income generating assets in your portfolio the better. Royalties and patents are difficult assets to obtain for the investor, I would love to stand corrected when I say this.!!

]]> By: Ryan http://cashmoneylife.com/your-greatest-asset/#comment-3600 Ryan Wed, 09 Jan 2008 12:22:08 +0000 http://cashmoneylife.com/2008/01/03/your-greatest-asset/#comment-3600 Hello Teaspoon, I never thought about being worth your weight in gold, but that's a great comparison! I wholeheartedly agree about the disability insurance. I have a limited amount through my employer, but it is time for me to look at adding more. Thanks for the comment! Hello Teaspoon, I never thought about being worth your weight in gold, but that’s a great comparison! I wholeheartedly agree about the disability insurance. I have a limited amount through my employer, but it is time for me to look at adding more. Thanks for the comment!

]]> By: Teaspoon http://cashmoneylife.com/your-greatest-asset/#comment-3591 Teaspoon Wed, 09 Jan 2008 07:57:52 +0000 http://cashmoneylife.com/2008/01/03/your-greatest-asset/#comment-3591 Enjoyed the post. ADding as one of my favorites from the Carnival of PF. I really like to review ric edeleman's articles every now and then I find something that makes a new paradigm shift. He did this same topic from the point that you need to get your disability insurance before any other type of insurance ... cause like you say, you're protecting your most imporant asset! I never thought much about disability insurance until this concept hit me, aftetwards I've checked up my virtually free insuraance offered at work and learned more about the short term vs. long term disaibilty insuance. Definitely an eye opener, kudos on a great perspective. Morale of the story: Educate and insure yourself ... you're worth more than your weight in gold and maybe more! At 190lbs I'm worth at least $2,402,208.00 in gold :-) Enjoyed the post. ADding as one of my favorites from the Carnival of PF. I really like to review ric edeleman’s articles every now and then I find something that makes a new paradigm shift. He did this same topic from the point that you need to get your disability insurance before any other type of insurance … cause like you say, you’re protecting your most imporant asset! I never thought much about disability insurance until this concept hit me, aftetwards I’ve checked up my virtually free insuraance offered at work and learned more about the short term vs. long term disaibilty insuance. Definitely an eye opener, kudos on a great perspective. Morale of the story: Educate and insure yourself … you’re worth more than your weight in gold and maybe more! At 190lbs I’m worth at least $2,402,208.00 in gold :-)

]]> By: Ryan http://cashmoneylife.com/your-greatest-asset/#comment-3563 Ryan Tue, 08 Jan 2008 21:09:19 +0000 http://cashmoneylife.com/2008/01/03/your-greatest-asset/#comment-3563 Thank you for the compliment, D4L. :) Thank you for the compliment, D4L. :)

]]> By: Dividends4Life http://cashmoneylife.com/your-greatest-asset/#comment-3562 Dividends4Life Tue, 08 Jan 2008 21:08:01 +0000 http://cashmoneylife.com/2008/01/03/your-greatest-asset/#comment-3562 Ryan: Another excellent post! Thanks for sharing it. I plan to include your article in my weekly carnival review this Friday. Best Wishes, D4L Ryan: Another excellent post! Thanks for sharing it. I plan to include your article in my weekly carnival review this Friday.

Best Wishes,
D4L

]]> By: Ryan http://cashmoneylife.com/your-greatest-asset/#comment-3498 Ryan Mon, 07 Jan 2008 17:50:45 +0000 http://cashmoneylife.com/2008/01/03/your-greatest-asset/#comment-3498 Hi Art, I agree, time is a big factor when considering this. The longer you can earn an income, the longer you have to make that money work for you. Of course, I am only talking in financial terms. Health, religion, and your mind are all more valuable assets than money. ;) Hi Art, I agree, time is a big factor when considering this. The longer you can earn an income, the longer you have to make that money work for you. Of course, I am only talking in financial terms. Health, religion, and your mind are all more valuable assets than money. ;)

]]> By: Ryan http://cashmoneylife.com/your-greatest-asset/#comment-3497 Ryan Mon, 07 Jan 2008 17:48:07 +0000 http://cashmoneylife.com/2008/01/03/your-greatest-asset/#comment-3497 Writer's coin, that is one of the reasons I blog. I also enjoy learning, sharing, and holding myself accountable. But, yes, earning a side income is one of the things I talk about doing to improve your own personal finance situation, so at least you know I practice what I preach! :) Writer’s coin, that is one of the reasons I blog. I also enjoy learning, sharing, and holding myself accountable. But, yes, earning a side income is one of the things I talk about doing to improve your own personal finance situation, so at least you know I practice what I preach! :)

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