Advice 1: How to buy assets

Financially literate people understand that to achieve financial freedom, you must buy assets and get rid of liabilities. To achieve these goals there are many ways.
How to buy assets
To purchase assets, first of all find out what it is. An asset is something that brings you money. Also they considered what you have and no income, but in the future when you sell it you will get more money than it spent on the acquisition. For example, the property you rent, is your asset. At the same time, the apartment or the house in which you live, cannot be considered an asset, as many mistakenly believe, but rather is your passive, as it pulls you out the money to pay rent, buy furniture etc.
If you understand what assets are, you can buy them. To buy a property for rental, look online offers available. Better buy ready-made housing in a developed, economically stable state. Abroad you can find very affordable housing, and its yield is a suitable choice for a twenty to thirty percent per annum. If you are going to use this option, prepare a few tens-hundreds of thousands of dollars.
If you don't have enough money to purchase real estate, buy it on credit. This is advantageous because Bank rate mortgage abroad is significantly below the level of inflation in Russia. Use the services of banks in Portugal, Cyprus and Spain – they are loyal in other are buyers of real estate from Russia.
If you don't want to take out a loan and you have some savings, buy a property at the initial stage of construction, and when construction work will be completed, sell. This method will bring you twenty-five to thirty percent per annum, and at successful coincidence of circumstances and fifty.
Consider earnings for real estate time-consuming? Buy stock fast-growing company. However, before you buy a stock, review the statistics of the companies and select the one which has been operating for a long time and has established itself in the market. Promotions will bring you a passive income, depending on the number of purchased securities and the conditions put forward by the company for sale. Also promotions will bring you profits when you decide to implement them.
What for one person is an asset for another can be considered a liability. Therefore, if the banker tells you that your home is an asset, he's telling the truth, but not telling that it is not your asset and it.
Useful advice
If you do not know where to find the money to buy assets, use the advice of Robert Kiyosaki: with each paycheck, put off ten percent of that will be spend only on investment in assets.

Advice 2: What is active and passive

In the preparation of the balance sheet all business records are usually attributed to either an asset, or liability. If the amounts in the totals row are the same, so errors in calculations and not on the basis of the resulting data to prepare accounting documents.
What is active and passive
"What is the fundamental difference of an asset from a liability?" - a question that leaves alone the future economists, as well as those who plan to understand all the nuances of accounting and financial accounting. As a sign of equality between the two graphs balance confusing. Really, why so?

The balance structure includes several partitions: 2 of them are written in the left part, the other to the right. In the column "active" reflects the working capital (cash, inventories, receivables, short-term investments) and non-current (fixed assets, intangible assets, long-term investment, construction in progress) the funds of the organization. Here is recorded the property, which is at the disposal of the enterprise. To determine its belonging to the assets you can on a number of grounds:
- there is a possibility of disposal of assets;
- the property promises a gain in a future period;
- the organization has the right to use material values.

The liabilities include funds of formation of property:
- capital and reserves;
- borrowed capital.
Equity belongs to the company and affects the formation of certain assets. And the funds raised by the organization to conduct the activities, depending on the duration of use equal to the short-term and long-term obligations. They constitute borrowed capital and must be returned in accordance with the contract.

Thus, the amount of assets of the enterprise is always equal to the sources of its formation. After all, if the organization received a Bank loan, the funds are directed to the acquisition of wealth. As a result, the asset (the cost of the acquired property) is equal to the liabilities (the sum of Bank credit). For not foreseen by the balance of values applies off-balance sheet accounting.
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