Tagged With "Asset"

Topic

Stocks. Asset or Liability?

Moore Income ·
My mentor defines an asset as something that is putting money in your pocket on a monthly basis. A liability on the other hand takes money out. With that in mind he asked me once if the stocks I owned we're an asset or a liability. I instantly said asset, but the more I thought about it, the more I wondered. I decided to take a look at the stocks I had bought through the Stash app and I was surprised to find most of my stocks paid me 0 in dividends. I then found one that paid a small...
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