On 1 Mar 2005 09:05:26 -0800, wrote:

All this mobile home stuff is extremely amusing. It says a lot about
the people who
make fun of mobile home living and mobile home dwellers.

Specifically: For the majority of Americans, the only six-figure asset
they own or will ever own is the building they live in. They laugh and
scratch with glee as "sold" signs pop up throughout their neighborhoods
and go to great lengths to confirm the rumors about the latest
astronomical selling prices.

In many middle class communities, "equities" now approach 7-figures.

One small problem: If the only thing of any real value you own is your
house- you don't really own anything. You have to sell your house to
get the money, and if you sell you will have to buy another that is
equally overpriced and tie your money up again. Yipping and clapping
over the value of your home merely shows that you don't mind paying
high taxes and that you don't understand the nature of wealth.

Of course you can always free up your money by passing away. You will
no longer need a building to live in and your heirs will thank your
very much.....

But don't take too long to die, as you may be required to sell that
house and spend nearly all of the proceeds on your medical care to
become impoverished enough for free health care. (In that case, your
heirs might sneak into the nursing home and pull the plug before you
completely drain the well).

Etiher that, or you could sell and move to a mobile home. :-)

No one has made fun of mobile home dwellers or mobile home living.

John H

"All decisions are the result of binary thinking."

"John H" wrote in message
...
On 1 Mar 2005 09:05:26 -0800, wrote:

All this mobile home stuff is extremely amusing. It says a lot about
the people who
make fun of mobile home living and mobile home dwellers.

Specifically: For the majority of Americans, the only six-figure asset
they own or will ever own is the building they live in. They laugh and
scratch with glee as "sold" signs pop up throughout their neighborhoods
and go to great lengths to confirm the rumors about the latest
astronomical selling prices.

In many middle class communities, "equities" now approach 7-figures.

One small problem: If the only thing of any real value you own is your
house- you don't really own anything. You have to sell your house to
get the money, and if you sell you will have to buy another that is
equally overpriced and tie your money up again. Yipping and clapping
over the value of your home merely shows that you don't mind paying
high taxes and that you don't understand the nature of wealth.

Of course you can always free up your money by passing away. You will
no longer need a building to live in and your heirs will thank your
very much.....

But don't take too long to die, as you may be required to sell that
house and spend nearly all of the proceeds on your medical care to
become impoverished enough for free health care. (In that case, your
heirs might sneak into the nursing home and pull the plug before you
completely drain the well).

Etiher that, or you could sell and move to a mobile home. :-)




No one has made fun of mobile home dwellers or mobile home living.


What other investment can be made (as an individual) for as little as 0%
down, that is historically an appreciating asset, where the cost of
financing (as well as taxes on it) are deductible?

Chuck is sounding jealous, like a typical liebral.







John H

"All decisions are the result of binary thinking."

P.Fritz wrote:
"John H" wrote in message
...
On 1 Mar 2005 09:05:26 -0800, wrote:

All this mobile home stuff is extremely amusing. It says a lot
about
the people who
make fun of mobile home living and mobile home dwellers.

Specifically: For the majority of Americans, the only six-figure
asset
they own or will ever own is the building they live in. They laugh
and
scratch with glee as "sold" signs pop up throughout their
neighborhoods
and go to great lengths to confirm the rumors about the latest
astronomical selling prices.

In many middle class communities, "equities" now approach
7-figures.

One small problem: If the only thing of any real value you own is
your
house- you don't really own anything. You have to sell your house
to
get the money, and if you sell you will have to buy another that is
equally overpriced and tie your money up again. Yipping and
clapping
over the value of your home merely shows that you don't mind paying
high taxes and that you don't understand the nature of wealth.

Of course you can always free up your money by passing away. You
will
no longer need a building to live in and your heirs will thank your
very much.....

But don't take too long to die, as you may be required to sell that
house and spend nearly all of the proceeds on your medical care to
become impoverished enough for free health care. (In that case,
your
heirs might sneak into the nursing home and pull the plug before
you
completely drain the well).

Etiher that, or you could sell and move to a mobile home. :-)




No one has made fun of mobile home dwellers or mobile home living.


What other investment can be made (as an individual) for as little as
0%
down, that is historically an appreciating asset, where the cost of
financing (as well as taxes on it) are deductible?

Chuck is sounding jealous, like a typical liebral.

There are many, many investments that have an equal or greater return.
Most investments offset the tax deductions offered by simply having a
better return. You've probably been watching too many of those Saturday
morning infomercials.







John H

"All decisions are the result of binary thinking."

wrote in message
ups.com...


There are many, many investments that have an equal or greater return.

Housing prices have averaged an increase of 17-26% in Naples over the last 6
years. Name a single investment that offered equal or greater return, with
the same level of risk, *and* a tax deduction.

"NOYB" wrote in message
news

wrote in message
ups.com...


There are many, many investments that have an equal or greater return.

Housing prices have averaged an increase of 17-26% in Naples over the last
6 years. Name a single investment that offered equal or greater return,
with the same level of risk, *and* a tax deduction.

Don't forget the fact that you can use your investment at the same time.

Asslicker obviously cannot grasp the taxes advantages since he dwells in the
cellar of tax rates, those of us in the 39% bracket know the advantage of a
large mortgage deduction.

P.Fritz wrote:
"NOYB" wrote in message
news

wrote in message
ups.com...


There are many, many investments that have an equal or greater
return.

Housing prices have averaged an increase of 17-26% in Naples over
the last
6 years. Name a single investment that offered equal or greater
return,
with the same level of risk, *and* a tax deduction.

Don't forget the fact that you can use your investment at the same
time.

Asslicker obviously cannot grasp the taxes advantages since he dwells
in the
cellar of tax rates, those of us in the 39% bracket know the
advantage of a
large mortgage deduction.


Have any proof of your above, or just more lies perpetuated by you to
bolster your pathetic ego? What a loser you are. You can't get into one
single conversation without childish name calling. That in it self
speaks volumes about you. Now, go whine to your support newsgroups.

NOYB wrote:
wrote in message
ups.com...


There are many, many investments that have an equal or greater
return.

Housing prices have averaged an increase of 17-26% in Naples over the
last 6
years. Name a single investment that offered equal or greater
return, with
the same level of risk, *and* a tax deduction.

Not everyone is in Naples, FL, you dimwit!!!
Now, an average increase of 17 to 36% would be all well and fine, if it
were profit. It is not, and if you think it is, you are dumber than I
thought. You'd be better off perpetuating lies about other people, with
your buddies JimH, Fritz, and Smithers.

wrote in message
oups.com...

NOYB wrote:
wrote in message
ups.com...


There are many, many investments that have an equal or greater
return.

Housing prices have averaged an increase of 17-26% in Naples over the
last 6
years. Name a single investment that offered equal or greater
return, with
the same level of risk, *and* a tax deduction.

Not everyone is in Naples, FL, you dimwit!!!
Now, an average increase of 17 to 36% would be all well and fine, if it
were profit.

OMG. I have seen everything now my Lord...you can take me anytime.

"JimH" wrote in message
...

wrote in message
oups.com...

NOYB wrote:
wrote in message
ups.com...


There are many, many investments that have an equal or greater
return.

Housing prices have averaged an increase of 17-26% in Naples over the
last 6
years. Name a single investment that offered equal or greater
return, with
the same level of risk, *and* a tax deduction.

Not everyone is in Naples, FL, you dimwit!!!
Now, an average increase of 17 to 36% would be all well and fine, if it
were profit.

OMG. I have seen everything now my Lord...you can take me anytime.

He isn't the "King of the NG idiots" for nothing.........


Next he will try to argue that a "return" is not profit..........not
surprising for someone that thinks schnapps is whiskey.....or that you 'cow
down' to someone

wrote in message
oups.com...

NOYB wrote:
wrote in message
ups.com...


There are many, many investments that have an equal or greater
return.

Housing prices have averaged an increase of 17-26% in Naples over the
last 6
years. Name a single investment that offered equal or greater
return, with
the same level of risk, *and* a tax deduction.

Not everyone is in Naples, FL, you dimwit!!!
Now, an average increase of 17 to 36% would be all well and fine, if it
were profit. It is not, and if you think it is, you are dumber than I
thought. You'd be better off perpetuating lies about other people, with
your buddies JimH, Fritz, and Smithers.


The equity shows up as a net asset on my Personal Financial Statement. I
can borrow against it. If I sell the house, it goes in my pocket. To put
it simply: it's profit.