280: Assets vs. Liabilities 101



 

After seeing a video online featuring rapper The Game, Johnny and Derek discuss what many assume to be assets, actually turn into liabilities. They talk real estate, cars, clothing, jewelry collectibles and more…. you might be surprised at what items are actually liabilities!

 

Discussed: 

 

 

    

 

    Where we are:

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    Time Stamp:

        • 02:51 – The Game Clip on His Net Worth
        • 09:15 – Is Your Home an Asset?
        • 17:40 – What’s a Bust Down Rolex?
        • 24:23 – Is Your Car an Asset?

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