The Intrinsic Value Podcast - The Investor’s Podcast Network cover image

REI134: The Wise Investor w/ Rich Fettke

The Intrinsic Value Podcast - The Investor’s Podcast Network

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Assets vs Liability

Mentoran yor sto ry also has an unconventional perspective on a little bit more traditional financial concept, and that's assets and liabilities. A liability is anything that costs you money, or costs you health, or cost you relationships, or shoe time. You can even look t like the people in your life. Is this person an asset in my life? Do they add to my life? Is it more fulfilling? Is this a great relationship? Do they help me get ahead? Or do i help them get ahead? Are they toxic? Are they a drain? are they a liability?

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