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Author: llambe Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 885618  
Subject: Re: assets v. liabilities Date: 6/8/1999 11:34 AM
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Lael<<For example, I would like to retire early and my calculations for what assets I would need to do so do not include the worth of my house since I plan on living there and not selling it. >>

Ascaris <No, no, no. Your house is what you rent out to generate cash flow while you are sailing around the world in your yacht.>

Obviously I wasn't thinking LBYM as well I could be.
My brother's plan is to live in and sail around the world in a sailboat so I'll just rent out my house and sail off with him in HIS expensive boat.

Lael
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