Anonymous Coward User ID: 40962496 United States 06/01/2013 10:56 PM Report Abusive Post Report Copyright Violation | Let say I have $100,000 and I do not have to pay any loan.
Mr. B has $200,000 but Mr. B has to pay loan of $180,000.
So who is richer ? |
Supertobywong
User ID: 40603869 Australia 06/01/2013 11:14 PM Report Abusive Post Report Copyright Violation | Re: $100K Richer than $200K The one with no loan. You eg. You have a $100,000 house with no loan and Mr B has a $380,000 house with a $180,000 loan. Last Edited by Supertobywong on 06/01/2013 11:17 PM |
Anonymous Coward User ID: 40937959 United States 06/01/2013 11:17 PM Report Abusive Post Report Copyright Violation | Re: $100K Richer than $200K Let say I have $100,000 and I do not have to pay any loan.
Mr. B has $200,000 but Mr. B has to pay loan of $180,000.
So who is richer ?
Quoting: Anonymous Coward 40962496 Mr B of course for various reason. |
Anonymous Coward User ID: 40901012 United States 06/01/2013 11:28 PM Report Abusive Post Report Copyright Violation | Re: $100K Richer than $200K It completely depends on what the guy did with his loan. If he's paying 5% interest on it and getting 10% back then he's ahead. |