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Someone explain to Horus, a boat is not an investment.

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  • Originally posted by Bullet Bill View Post
    Funny thread.......but a boat can be an investment.

    What if you are a fisherman ?
    How is not buying a boat a investment?
    Buying an asset, capital asset in this case, it is not an investment. Investment are securities, cash equivalents, bonds and stocks and similar commodities. Investing your money in a business, in this case fish and sea food, it is an investment. But for Floyd is not the case.

    No wonder most athletes are broke when the career is over. They believe that buying expensive assets they will get the a return on the investment. Even when you buy your house it is not an investment. House values dont depreciate but impairment can occurred.

    Anyways, too many things to explain and not worth the time. However, I would advise the posters here to look for advise from a professional.

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    • It's been a minute lol

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      • Ahhhh never gets old

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        • Investement "It seems like what you guys are looking for is a P. Diddy style of shrimping vessel." -IASIP

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            • Fireworks are a good investment.

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              • ATG thread .

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                • Originally posted by RL_GMA View Post
                  Lmaoooooooo

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                  • lmao. I remember this shyt.

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                    • where's horus anyway?

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