The house is a good example, but it's worth being careful: the point is that the house is not a liability. There are liabilities associated with it, starting wi

The house is a good example, but it's worth being careful: the point is that the house is not a liability. There are liabilities associated with it, starting with repayment of the loan that you used to buy the house (for most people), but also maintenance, insurance, taxes, etc.