Ronnie Coleman Net worth
- Thread starter Metal85
- Start date
at the moment? been this way for over 30 years just has gotten worse:drooling:
big in vegas
MuscleChemistry Registered Member
Student loans are the fucking worst thing that's ever happened. They've just gotten way too out of control on the interest. It makes it nearly impossible to pay them off in a reasonable amount of time
Assets - Liabialities = Net worth. Assets could include intagible assets though. Intangibles are something that you cannot touch. For example, the Lee Haney "name" may be valued at $6M. Could he go to the bank and hand over his name for $6M? Obviously not.
Not to downplay the success of Lee Haney, just saying fiancial terms can be misleading. Since intangibles are not a hard asset, their value is strictly a valuation based on opinion.
I worked for a company that had to write down their asset value by $1B becasue their earning power in the market had declined, therefore, lowering the valuation of thier intangible.
DLStryker
Not to downplay the success of Lee Haney, just saying fiancial terms can be misleading. Since intangibles are not a hard asset, their value is strictly a valuation based on opinion.
I worked for a company that had to write down their asset value by $1B becasue their earning power in the market had declined, therefore, lowering the valuation of thier intangible.
DLStryker
I'm not worth anything, but I don't owe anything either, everything I got is paid for.
then if that's the case your doing better than over 25% of the population that files taxes in the US...which probably equates to over 40% total
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