3 ms·

What's wrong with rise in net worth over a year?

• hackerblues 16y ago
  If I go into debt that year does that mean the fine gives me money?
  • redthrowaway 16y ago
    I'm not an expert, but I don't believe debt reduces your net worth. Irresponsible use of that debt does, but if I borrow $250k to buy a house, the value of that house offsets the debt. It's a wash in the end, is it not?
    • hugh3 16y ago
      Well obviously the grandparent should be read as "If my net wealth decreases over a year then should the fine give me money?"
  • jarek 16y ago
    In Soviet Sweden, the fine pays you. /ducks
• jpwagner 16y ago
  maybe i took "true" too literally.